GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) Sees Strong Trading Volume – Here’s What Happened

GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) saw an uptick in trading volume on Monday . 2,493,097 shares were traded during mid-day trading, a decline of 20% from the previous session’s volume of 3,122,552 shares.The stock last traded at $22.89 and had previously closed at $23.77.

GraniteShares 2x Long COIN Daily ETF Trading Up 25.1 %

The business has a fifty day moving average price of $25.42 and a 200-day moving average price of $39.16.

Institutional Investors Weigh In On GraniteShares 2x Long COIN Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long COIN Daily ETF stock. SG Americas Securities LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 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.