GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) Stock Price Down 3.8% – Here’s What Happened

GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDLGet Free Report) shares fell 3.8% during trading on Tuesday . The stock traded as low as $0.7009 and last traded at $0.7076. 487,242 shares changed hands during trading, a decline of 12% from the average session volume of 554,461 shares. The stock had previously closed at $0.7359.

GraniteShares 2x Long LCID Daily ETF Trading Up 5.4%

The company’s fifty day moving average price is $1.65 and its 200 day moving average price is $3.31.

GraniteShares 2x Long LCID Daily ETF Company Profile

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GraniteShares ETF Trust – GraniteShares 2x Long LCID Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing, manufacturing, and selling electric vehicles, ev powertrains and battery systems using its own equipment and factories sectors. It uses derivatives such as swaps to create its portfolio.

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