GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s stock price shot up 15.7% on Thursday . The company traded as high as $28.21 and last traded at $28.13. 4,280,034 shares were traded during trading, a decline of 61% from the average daily volume of 11,085,010 shares. The stock had previously closed at $24.32.
GraniteShares 2x Long MU Daily ETF Stock Performance
The company’s 50-day simple moving average is $26.51 and its 200-day simple moving average is $13.30.
Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in MULL. SBI Securities Co. Ltd. increased its position 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 acquiring an additional 296 shares during the period. Mirae Asset Securities USA Inc. acquired a new stake in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $1,064,000. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $41,000. Hollencrest Capital Management purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at approximately $90,000. Finally, Optiver Holding B.V. grew its stake 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 valued at $1,140,000 after purchasing an additional 9,784 shares during the last quarter.
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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