GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Shares Down 1.6% – Here’s What Happened

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) traded down 1.6% during mid-day trading on Monday . The company traded as low as $58.20 and last traded at $59.31. 66,297 shares were traded during trading, a decline of 71% from the average session volume of 224,760 shares. The stock had previously closed at $60.27.

GraniteShares 2x Long CRWD Daily ETF Stock Performance

The company’s fifty day moving average is $64.48 and its 200-day moving average is $42.34.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long CRWD Daily ETF in the 1st quarter worth $715,000. Jane Street Group LLC boosted its position in GraniteShares 2x Long CRWD Daily ETF by 42.9% during the first quarter. Jane Street Group LLC now owns 13,041 shares of the company’s stock valued at $294,000 after purchasing an additional 3,917 shares in the last quarter. Finally, Group One Trading LLC boosted its position in GraniteShares 2x Long CRWD Daily ETF by 343.4% during the fourth quarter. Group One Trading LLC now owns 3,237 shares of the company’s stock valued at $100,000 after purchasing an additional 2,507 shares in the last quarter.

GraniteShares 2x Long CRWD Daily ETF Company Profile

The GraniteShares 2x Long CRWD Daily ETF (CRWL) 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 CrowdStrike Holdings Inc (ticker: CRWD) stock. CRWL was launched on Nov 11, 2024 and is issued by GraniteShares.