Investors Buy High Volume of Call Options on GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) was the target of unusually large options trading activity on Wednesday. Stock investors acquired 13,438 call options on the company. This represents an increase of approximately 114% compared to the typical volume of 6,272 call options.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

Several large investors have recently bought and sold shares of the business. Simplex Trading LLC grew its stake in GraniteShares 2x Long AMD Daily ETF by 908.2% during the 1st quarter. Simplex Trading LLC now owns 138,623 shares of the company’s stock valued at $712,000 after acquiring an additional 124,874 shares in the last quarter. Headlands Technologies LLC boosted its position in shares of GraniteShares 2x Long AMD Daily ETF by 1,030.3% during the 1st quarter. Headlands Technologies LLC now owns 12,648 shares of the company’s stock worth $65,000 after purchasing an additional 11,529 shares during the period. Wealthspire Advisors LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth approximately $77,000. XTX Topco Ltd acquired a new stake in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth approximately $126,000. Finally, Lauer Wealth LLC lifted its holdings in GraniteShares 2x Long AMD Daily ETF by 43.4% during the 1st quarter. Lauer Wealth LLC now owns 40,995 shares of the company’s stock worth $211,000 after buying an additional 12,415 shares in the last quarter.

GraniteShares 2x Long AMD Daily ETF Price Performance

AMDL stock opened at $5.78 on Friday. The firm has a 50-day simple moving average of $4.56 and a 200-day simple moving average of $6.98. GraniteShares 2x Long AMD Daily ETF has a 52 week low of $2.77 and a 52 week high of $21.64.

GraniteShares 2x Long AMD Daily ETF Company Profile

The GraniteShares 2x Long AMD Daily ETF (AMDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.