GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $26.68, but opened at $34.34. GraniteShares 2x Long COIN Daily ETF shares last traded at $35.65, with a volume of 4,407,898 shares.
GraniteShares 2x Long COIN Daily ETF Stock Performance
The firm’s 50 day moving average is $25.42 and its two-hundred day moving average is $39.16.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
A hedge fund recently bought a new stake in GraniteShares 2x Long COIN Daily ETF stock. SG Americas Securities LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 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.
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