GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 42,303 shares, a decrease of 61.3% from the May 31st total of 109,278 shares. Based on an average daily volume of 423,141 shares, the short-interest ratio is presently 0.1 days. Approximately 3.6% of the company’s shares are sold short.
GraniteShares 2x Long MU Daily ETF Price Performance
Shares of MULL opened at $35.26 on Friday. The business’s 50-day moving average price is $547.30 and its 200 day moving average price is $282.42. GraniteShares 2x Long MU Daily ETF has a 1-year low of $0.59 and a 1-year high of $43.53.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. raised its holdings 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 valued at $32,000 after acquiring an additional 296 shares during the period. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $41,000. Hollencrest Capital Management acquired a new position in GraniteShares 2x Long MU Daily ETF in the 4th quarter worth approximately $90,000. Mirae Asset Securities USA Inc. purchased a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $1,064,000. Finally, Optiver Holding B.V. grew its position in GraniteShares 2x Long MU Daily ETF by 1,046.4% during the 1st quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock worth $1,140,000 after purchasing an additional 9,784 shares in the last quarter.
About GraniteShares 2x Long MU Daily ETF
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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