GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Shares Gap Up – What’s Next?

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) shares gapped up before the market opened on Tuesday . The stock had previously closed at $18.09, but opened at $22.25. GraniteShares 2x Long PLTR Daily ETF shares last traded at $19.7710, with a volume of 3,030,592 shares traded.

GraniteShares 2x Long PLTR Daily ETF Stock Up 13.1%

The company has a fifty day moving average of $27.02 and a 200-day moving average of $28.44.

GraniteShares 2x Long PLTR Daily ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were given a dividend of $1.5533 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) dividend on an annualized basis and a dividend yield of 91.1%.

Institutional Investors Weigh In On GraniteShares 2x Long PLTR Daily ETF

Hedge funds have recently bought and sold shares of the stock. XTX Topco Ltd acquired a new position in shares of GraniteShares 2x Long PLTR Daily ETF in the 2nd quarter valued at $204,000. AE Wealth Management LLC purchased a new position in GraniteShares 2x Long PLTR Daily ETF during the 2nd quarter worth $249,000. Group One Trading LLC acquired a new position in GraniteShares 2x Long PLTR Daily ETF in the third quarter valued at $35,000. SBI Securities Co. Ltd. increased its stake in GraniteShares 2x Long PLTR Daily ETF by 22.2% in the second quarter. SBI Securities Co. Ltd. now owns 6,333 shares of the company’s stock valued at $1,848,000 after purchasing an additional 1,152 shares during the period. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of GraniteShares 2x Long PLTR Daily ETF by 1,400.0% in the third quarter. CIBC Private Wealth Group LLC now owns 1,500 shares of the company’s stock valued at $49,000 after buying an additional 1,400 shares during the last quarter.

About GraniteShares 2x Long PLTR Daily ETF

The GraniteShares 2x Long PLTR Daily ETF (PTIR) 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 Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.