GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s stock price traded up 9.6% on Thursday . The stock traded as high as $49.86 and last traded at $50.67. 775,838 shares changed hands during trading, a decline of 85% from the average session volume of 5,263,955 shares. The stock had previously closed at $46.22.
GraniteShares 2x Long COIN Daily ETF Stock Performance
The stock’s fifty day simple moving average is $48.44 and its 200-day simple moving average is $39.48.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC purchased a new stake in GraniteShares 2x Long COIN Daily ETF during the third quarter worth about $122,000. IMC Chicago LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 3rd quarter worth approximately $2,412,000. Drive Wealth Management LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 4th quarter worth approximately $7,614,000. Finally, Citigroup Inc. bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 3rd quarter worth approximately $8,079,000.
GraniteShares 2x Long COIN Daily ETF Company Profile
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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