GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Gap Up – Should You Buy?

Shares of GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $648.75, but opened at $735.69. GraniteShares 2x Long MU Daily ETF shares last traded at $706.89, with a volume of 322,735 shares.

GraniteShares 2x Long MU Daily ETF Stock Performance

The business has a 50-day moving average price of $265.11 and a two-hundred day moving average price of $170.29.

Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter worth $41,000. Optiver Holding B.V. raised its position in shares of GraniteShares 2x Long MU Daily ETF by 17.7% during the third quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock worth $624,000 after acquiring an additional 2,590 shares during the last quarter. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter worth $1,064,000. Hollencrest Capital Management bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the fourth quarter worth $90,000. Finally, SBI Securities Co. Ltd. raised its position in shares of GraniteShares 2x Long MU Daily ETF by 493.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after acquiring an additional 296 shares during the last quarter.

About GraniteShares 2x Long MU Daily ETF

(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.

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