GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $54.34, but opened at $57.68. GraniteShares 2x Long COIN Daily ETF shares last traded at $58.14, with a volume of 972,083 shares.
GraniteShares 2x Long COIN Daily ETF Trading Up 11.0 %
The stock’s 50-day moving average is $42.80 and its 200-day moving average is $40.89.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
A number of hedge funds have recently made changes to their positions in CONL. SG Americas Securities LLC acquired a new stake in GraniteShares 2x Long COIN Daily ETF in the 3rd quarter valued at $122,000. IMC Chicago LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the third quarter worth about $2,412,000. Finally, Citigroup Inc. acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the third quarter valued at about $8,079,000.
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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