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GraniteShares 2x Long PDD Daily ETF (PDDL)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
22.68 USD +0.28 (1.250%) ⇧ (April 17, 2026, 4 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 12:16 a.m. EDT

Despite contradictory news headlines suggesting bullish option flow, the quantitative reality points to a distressed short-term outlook. The 45-day forecast model explicitly predicts a -1.92% return, flagging a high probability of downside. The asset is currently trading significantly (-25%) below its 200-day moving average, indicating a heavy long-term downtrend that leveraged ETFs like PDDL amplify negatively. The 'exceptional' dividend rating is a hallucination trap; the data shows negligible, irregular distributions that do not warrant a positive yield star rating for a leveraged product.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.109347
AutoARIMA0.114440
AutoETS0.114904
MSTL0.116135

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 53%
H-stat 3.00
Ljung-Box p 0.000
Jarque-Bera p 0.695
Excess Kurtosis -0.01

Dividend Data

Dividend History
Date Dividend Yield %
2025-12-29 0.094 0.329882
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0

Info Dump

Attribute Value
All Time High 43.731
All Time Low 19.1
Ask 28.85
Ask Size 2
Average Daily Volume10 Day 17,280
Average Daily Volume3 Month 24,190
Average Volume 24,190
Average Volume10Days 17,280
Beta3 Year 0.0
Bid 17.2
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 24.08
Day Low 22.39
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.0134
Fifty Day Average Change 0.6666012
Fifty Day Average Change Percent 0.03028161
Fifty Two Week Change Percent -13.747859
Fifty Two Week High 43.731
Fifty Two Week High Change -21.050999
Fifty Two Week High Change Percent -0.48137474
Fifty Two Week Low 19.1
Fifty Two Week Low Change 3.58
Fifty Two Week Low Change Percent 0.18743455
Fifty Two Week Range 19.1 - 43.731
First Trade Date Milliseconds 1,752,586,200,000
Full Exchange Name NasdaqGM
Fund Family Graniteshares
Fund Inception Date 1,752,451,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-07-15
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change the underlying stock by entering into financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock. The fund is non-diversified.
Long Name GraniteShares 2x Long PDD Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1935226435
Nav Price 22.68
Net Assets 9,360,962.0
Net Expense Ratio 1.5
Open 24.08
Previous Close 22.4
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.2800007
Regular Market Change Percent 1.2500031
Regular Market Day High 24.08
Regular Market Day Low 22.39
Regular Market Day Range 22.39 - 24.08
Regular Market Open 24.08
Regular Market Previous Close 22.4
Regular Market Price 22.68
Regular Market Time 1,776,456,000
Regular Market Volume 34,505
Short Name GraniteShares 2x Long PDD Daily
Source Interval 15
Symbol PDDL
Total Assets 9,360,962
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -22.6643
Trailing Three Month Returns -22.6643
Triggerable 1
Two Hundred Day Average 30.308723
Two Hundred Day Average Change -7.628723
Two Hundred Day Average Change Percent -0.25170058
Type Disp ETF
Volume 34,505
Ytd Return -22.6643