GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price traded up 6.4% during trading on Thursday . The company traded as high as $21.26 and last traded at $21.19. 1,584,767 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 10,769,182 shares. The stock had previously closed at $19.92.
GraniteShares 2x Long MU Daily ETF Price Performance
The company has a 50-day moving average price of $25.55 and a two-hundred day moving average price of $16.01.
Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF
Institutional investors and hedge funds have recently modified their holdings of the company. Optiver Holding B.V. grew its stake in GraniteShares 2x Long MU Daily ETF by 1,046.4% during the first quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock valued at $1,140,000 after acquiring an additional 9,784 shares in the last quarter. Group One Trading LLC purchased a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $41,000. Mirae Asset Securities USA Inc. purchased a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000. Hollencrest Capital Management purchased a new stake in GraniteShares 2x Long MU Daily ETF in the 4th quarter worth approximately $90,000. Finally, SBI Securities Co. Ltd. boosted its holdings in GraniteShares 2x Long MU Daily ETF by 493.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $32,000 after purchasing an additional 296 shares during the period.
GraniteShares 2x Long MU Daily ETF Company Profile
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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