GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $35.38, but opened at $38.31. GraniteShares 2x Long COIN Daily ETF shares last traded at $37.75, with a volume of 1,298,989 shares.
GraniteShares 2x Long COIN Daily ETF Price Performance
The stock’s fifty day moving average is $50.69 and its 200-day moving average is $39.37.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
Institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the third quarter valued at about $122,000. IMC Chicago LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF in the third quarter valued at $2,412,000. Finally, Citigroup Inc. acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the third quarter worth about $8,079,000.
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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