GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) Trading Up 2.1% – What’s Next?

GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONLGet Free Report) shares rose 2.1% during mid-day trading on Thursday . The stock traded as high as $7.09 and last traded at $6.95. Approximately 12,196,883 shares were traded during trading, an increase of 10% from the average daily volume of 11,127,552 shares. The stock had previously closed at $6.81.

GraniteShares 2x Long COIN Daily ETF Price Performance

The business’s 50 day moving average is $13.43 and its 200 day moving average is $25.65.

Institutional Investors Weigh In On GraniteShares 2x Long COIN Daily ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Citigroup Inc. lifted its position in GraniteShares 2x Long COIN Daily ETF by 285.7% during the 2nd quarter. Citigroup Inc. now owns 2,700,000 shares of the company’s stock worth $124,551,000 after acquiring an additional 2,000,000 shares during the period. Simplex Trading LLC increased its holdings in shares of GraniteShares 2x Long COIN Daily ETF by 1,390.9% in the fourth quarter. Simplex Trading LLC now owns 19,427 shares of the company’s stock valued at $285,000 after purchasing an additional 18,124 shares during the period. NewEdge Advisors LLC purchased a new position in shares of GraniteShares 2x Long COIN Daily ETF in the fourth quarter worth about $149,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the fourth quarter worth about $78,000. Finally, Summit Securities Group LLC purchased a new stake in GraniteShares 2x Long COIN Daily ETF in the fourth quarter valued at approximately $44,000.

GraniteShares 2x Long COIN Daily ETF Company Profile

(Get Free Report)

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.

Featured Articles

Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.