GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $46.29, but opened at $40.15. GraniteShares 2x Long COIN Daily ETF shares last traded at $43.43, with a volume of 2,295,740 shares traded.
GraniteShares 2x Long COIN Daily ETF Stock Down 2.6 %
The business has a 50 day moving average price of $47.90 and a 200-day moving average price of $39.16.
Institutional Investors Weigh In On GraniteShares 2x Long COIN Daily ETF
A number of hedge funds have recently bought and sold shares of the business. Drive Wealth Management LLC acquired a new position in GraniteShares 2x Long COIN Daily ETF in the fourth quarter worth about $7,614,000. Citigroup Inc. acquired a new position in GraniteShares 2x Long COIN Daily ETF in the third quarter worth $8,079,000. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 3rd quarter valued at about $2,412,000. Finally, SG Americas Securities LLC bought a new position in shares of GraniteShares 2x Long COIN Daily ETF during the third quarter valued at approximately $122,000.
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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