GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s stock price dropped 11.4% during mid-day trading on Friday . The stock traded as low as $22.53 and last traded at $22.56. 1,426,620 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 10,937,431 shares. The stock had previously closed at $25.45.
GraniteShares 2x Long MU Daily ETF Stock Performance
The business has a 50 day moving average of $27.44 and a 200 day moving average of $14.56.
Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF
Several institutional investors have recently modified their holdings of the stock. SBI Securities Co. Ltd. increased its stake in shares of 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 last quarter. Hollencrest Capital Management bought a new position in GraniteShares 2x Long MU Daily ETF during the 4th quarter worth approximately $90,000. Mirae Asset Securities USA Inc. bought a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $1,064,000. Group One Trading LLC acquired a new position in GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $41,000. Finally, Optiver Holding B.V. grew its holdings 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 purchasing an additional 9,784 shares during the period.
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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