GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Down 6.9% – Here’s Why

Posted by John Perry on Mar 26th, 2026

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price dropped 6.9% during mid-day trading on Wednesday . The stock traded as low as $131.31 and last traded at $138.80. Approximately 538,776 shares were traded during trading, an increase of 21% from the average daily volume of 445,167 shares. The stock had previously closed at $149.11.

GraniteShares 2x Long MU Daily ETF Trading Down 6.9%

The business has a fifty day simple moving average of $166.46 and a 200 day simple moving average of $99.64.

GraniteShares 2x Long MU 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 $0.3468 dividend. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, December 29th.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. raised its stake in GraniteShares 2x Long MU Daily ETF by 17.7% in the 3rd quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock valued at $624,000 after purchasing an additional 2,590 shares during the last quarter. Hollencrest Capital Management purchased a new position in GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at about $90,000. Finally, SBI Securities Co. Ltd. boosted its stake in shares of GraniteShares 2x Long MU Daily ETF by 493.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after purchasing an additional 296 shares during the last quarter.

GraniteShares 2x Long MU Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long MU Daily ETF (MULL) 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 Micron Technology Inc (ticker: MU) stock. MULL was launched on Nov 11, 2024 and is issued by GraniteShares.