GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Gap Down – Here’s What Happened

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $26.26, but opened at $22.90. GraniteShares 2x Long MU Daily ETF shares last traded at $22.87, with a volume of 4,499,286 shares traded.

GraniteShares 2x Long MU Daily ETF Stock Down 13.9%

The business’s 50 day simple moving average is $24.89 and its 200 day simple moving average is $12.58.

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

Large investors have recently added to or reduced their stakes in the stock. Mirae Asset Securities USA Inc. purchased a new stake in GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $1,064,000. Optiver Holding B.V. boosted its holdings in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% in 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 during the period. Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at approximately $90,000. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at approximately $41,000. Finally, SBI Securities Co. Ltd. raised its holdings in 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 valued at $32,000 after buying an additional 296 shares during the period.

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.

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