GraniteShares 2x Long INTC Daily ETF Target of Unusually Large Options Trading (NASDAQ:INTW)

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the recipient of unusually large options trading activity on Wednesday. Traders purchased 3,038 call options on the stock. This is an increase of 1,060% compared to the typical volume of 262 call options.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

A number of institutional investors have recently bought and sold shares of INTW. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the second quarter valued at approximately $42,000. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long INTC Daily ETF in the first quarter valued at approximately $289,000. Scientech Research LLC purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF during the third quarter valued at approximately $521,000. Finally, Susquehanna International Group LLP boosted its position in GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after acquiring an additional 131,623 shares during the last quarter.

GraniteShares 2x Long INTC Daily ETF Price Performance

INTW opened at $55.70 on Friday. The business has a 50 day simple moving average of $57.78 and a 200-day simple moving average of $44.49. GraniteShares 2x Long INTC Daily ETF has a 12 month low of $13.56 and a 12 month high of $90.32.

About GraniteShares 2x Long INTC Daily ETF

The GraniteShares 2x Long INTC Daily ETF (INTW) 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 Intel Corporation (INTC) stock. INTW was launched on Feb 13, 2025 and is issued by GraniteShares.