GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading Up 11.5% – Here’s What Happened

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) shares were up 11.5% during trading on Thursday . The company traded as high as $680.00 and last traded at $674.43. Approximately 266,720 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 448,713 shares. The stock had previously closed at $605.01.

GraniteShares 2x Long MU Daily ETF Price Performance

The business’s 50-day moving average price is $417.15 and its 200 day moving average price is $230.54.

Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its position in 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 purchasing an additional 296 shares during the period. Group One Trading LLC bought a new position in GraniteShares 2x Long MU Daily ETF during the first quarter worth $41,000. Hollencrest Capital Management bought a new position in GraniteShares 2x Long MU Daily ETF during the fourth quarter worth $90,000. Optiver Holding B.V. boosted its position in 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 purchasing an additional 2,590 shares during the period. Finally, Mirae Asset Securities USA Inc. bought a new position in GraniteShares 2x Long MU Daily ETF during the first quarter worth $1,064,000.

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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