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LCDL does not currently pay a dividend.
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This Fund aims to deliver twice the daily performance of Lucid Group Inc. (LCID) common stock. Specifically, it targets daily returns that are two hundred percent (200%) of LCID's daily price movement, prior to accounting for fees and expenses. However, investors should be aware that achieving this objective is not guaranteed. Crucially, the ETF is structured for daily performance and is not intended to replicate double the cumulative return of LCID over periods exceeding a single trading day.
New York, July 14, 2026 (GLOBE NEWSWIRE) -- GraniteShares Advisors LLC ("GraniteShares") announces that, following market movements in Lucid Group Inc. (LCID), the GraniteShares 2x Long LCID Daily ETF (Nasdaq: LCDL) (the "Fund") closed out its entire LCID position today at a loss that caused its net asset value to become negative. As a result, GraniteShares will initiate the delisting of the Fund from NASDAQ Stock Market LLC.
New York, July 14, 2026 (GLOBE NEWSWIRE) -- GraniteShares Advisors LLC ("GraniteShares") announces that, following market movements in Lucid Group Inc. (LCID), the GraniteShares 2x Long LCID Daily ETF (Nasdaq: LCDL) (the "Fund") closed out its entire LCID position today at a loss that caused its net asset value to become negative.
Lucid Group faces delivery disruptions from a supplier issue, pressuring the stock as weak momentum and operational challenges overshadow its reaffirmed production outlook.
Shares of GraniteShares 2x Long LCID Daily ETF (NASDAQ: LCDL - Get Free Report) traded down 1.6% on Monday. The stock traded as low as $3.59 and last traded at $3.63. 181,258 shares were traded during trading, a decline of 14% from the average session volume of 210,908 shares. The stock had previously closed at