GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares saw strong trading volume on Friday . 3,264,972 shares traded hands during trading, a decline of 25% from the previous session’s volume of 4,375,845 shares.The stock last traded at $43.24 and had previously closed at $43.58.
GraniteShares 2x Long COIN Daily ETF Stock Up 3.3 %
The business has a fifty day moving average price of $47.79 and a 200 day moving average price of $40.94.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the business. Citigroup Inc. acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the third quarter worth $8,079,000. IMC Chicago LLC acquired a new stake in GraniteShares 2x Long COIN Daily ETF in the 3rd quarter valued at $2,412,000. Finally, SG Americas Securities LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF in the third quarter valued at about $122,000.
GraniteShares 2x Long COIN Daily ETF Company Profile
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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