GraniteShares 2x Long AMD Daily ETF Sees Unusually High Options Volume (NASDAQ:AMDL)

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) was the target of unusually large options trading activity on Monday. Investors purchased 10,826 call options on the company. This represents an increase of approximately 131% compared to the average daily volume of 4,688 call options.

GraniteShares 2x Long AMD Daily ETF Stock Up 14.0 %

AMDL stock opened at $6.37 on Tuesday. The business has a fifty day moving average price of $6.18 and a 200 day moving average price of $9.55. GraniteShares 2x Long AMD Daily ETF has a fifty-two week low of $4.46 and a fifty-two week high of $23.75.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

Several hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. acquired a new position in GraniteShares 2x Long AMD Daily ETF during the 4th quarter valued at about $63,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the fourth quarter worth approximately $77,000. Jane Street Group LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF in the fourth quarter valued at approximately $82,000. Cresset Asset Management LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the fourth quarter valued at approximately $149,000. Finally, Lauer Wealth LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the fourth quarter valued at approximately $219,000.

GraniteShares 2x Long AMD Daily ETF Company Profile

The GraniteShares 2x Long AMD Daily ETF (AMDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.