GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Sees Large Increase in Short Interest

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 282,002 shares, an increase of 142.2% from the May 14th total of 116,415 shares. Based on an average daily volume of 692,612 shares, the short-interest ratio is presently 0.4 days. Currently, 16.2% of the shares of the company are sold short.

GraniteShares 2x Long INTC Daily ETF Trading Up 13.1%

INTW opened at $335.53 on Friday. The firm has a fifty day moving average price of $225.89 and a 200 day moving average price of $115.48. GraniteShares 2x Long INTC Daily ETF has a 1 year low of $13.74 and a 1 year high of $407.99.

Hedge Funds Weigh In On GraniteShares 2x Long INTC Daily ETF

Large investors have recently made changes to their positions in the company. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long INTC Daily ETF in the 2nd quarter valued at $42,000. Optiver Holding B.V. acquired a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter worth $267,000. Jane Street Group LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter worth $289,000. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the third quarter worth $521,000. Finally, Susquehanna International Group LLP raised 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 period.

GraniteShares 2x Long INTC Daily ETF Company Profile

(Get Free Report)

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.

Further Reading

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