GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares were up 16.5% during trading on Friday . The company traded as high as $24.50 and last traded at $24.21. Approximately 4,542,063 shares changed hands during trading, an increase of 79% from the average daily volume of 2,532,190 shares. The stock had previously closed at $20.78.
GraniteShares 2x Long COIN Daily ETF Trading Up 14.4 %
The stock has a fifty day simple moving average of $26.40 and a two-hundred day simple moving average of $43.93.
Institutional Investors Weigh In On GraniteShares 2x Long COIN Daily ETF
A hedge fund recently bought a new stake in GraniteShares 2x Long COIN Daily ETF stock. SG Americas Securities LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,900 shares of the company’s stock, valued at approximately $122,000.
About GraniteShares 2x Long COIN Daily ETF
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.
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