(PTIR) GraniteShares 2x Long PLTR - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 393m USD | Total Return: -6.9% in 12m
Avg Turnover: 52.9M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The GraniteShares 2x Long PLTR Daily ETF (PTIR) is an actively managed, non-diversified fund designed to provide 200% of the daily price performance of Palantir Technologies Inc. To achieve this leveraged exposure, the fund utilizes financial derivatives, primarily swap agreements and options, alongside direct equity holdings.
Palantir operates in the enterprise AI and data analytics sector, focusing on integrating fragmented data into unified operating systems for government and commercial clients. The business model relies heavily on long-term software-as-a-service (SaaS) contracts that typically involve high switching costs and deep integration into a client’s decision-making infrastructure.
Investors can further evaluate the underlying fundamentals of these companies at ValueRay. Because this ETF targets daily returns, its performance over periods longer than a single day will likely differ from twice the cumulative return of the underlying stock due to the effects of compounding and volatility decay.
- Palantir commercial sector growth offsets slowing government contract revenue expansion
- Federal defense spending levels impact long-term software licensing demand trajectory
- Daily compounding effects amplify volatility in high-beta underlying equity movements
- Expansion of Artificial Intelligence Platform adoption drives enterprise software margin growth
- Shifts in benchmark interest rates influence valuations for high-growth technology firms
As of May 29, 2026, the stock is trading at USD 14.84 with a total of 7,584,934 shares traded.
Over the past week, the price has changed by +8.16%,
over one month by +0.41%,
over three months by -0.07% and
over the past year by -6.86%.
GraniteShares 2x Long PLTR has no consensus analysts rating.