Significant Outflow Observed in INTW ETF

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The GraniteShares 2x Long INTC Daily ETF (INTW) experienced a significant outflow of approximately $188.6 million, equating to a 24.3% decrease in shares outstanding week over week, from 2,760,001 to 2,090,001.

As for its price performance, INTW’s 52-week low is recorded at $13.74 per share, while the 52-week high reached $407.99. The last traded price was $326.94, indicating its position relative to the 200-day moving average.

This sharp outflow could influence the underlying holdings of the ETF, as substantial changes in shares outstanding typically require corresponding adjustments in its asset composition.

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