GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) Stock Price Down 1.6% – Here’s What Happened

Shares of GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDLGet Free Report) dropped 1.6% on Monday . The company traded as low as $3.59 and last traded at $3.63. Approximately 181,258 shares were traded during trading, a decline of 14% from the average daily volume of 210,908 shares. The stock had previously closed at $3.69.

GraniteShares 2x Long LCID Daily ETF Stock Down 1.6%

The stock has a 50 day moving average of $5.21 and a 200 day moving average of $13.39.

About GraniteShares 2x Long LCID Daily ETF

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GraniteShares ETF Trust – GraniteShares 2x Long LCID Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing, manufacturing, and selling electric vehicles, ev powertrains and battery systems using its own equipment and factories sectors. It uses derivatives such as swaps to create its portfolio.

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