GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 5,290,382 shares, a decrease of 54.4% from the August 31st total of 11,603,210 shares. Currently, 16.9% of the shares of the stock are short sold. Based on an average daily volume of 4,190,160 shares, the days-to-cover ratio is currently 1.3 days.
GraniteShares 2x Long MU Daily ETF Stock Up 2.2%
Shares of MULL stock traded up $0.54 on Tuesday, hitting $25.57. 5,006,515 shares of the stock traded hands, compared to its average volume of 9,730,906. GraniteShares 2x Long MU Daily ETF has a 52 week low of $1.39 and a 52 week high of $43.53. The firm has a 50 day simple moving average of $21.42 and a two-hundred day simple moving average of $19.63.
Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. Optiver Holding B.V. grew its position in shares of 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 worth $1,140,000 after purchasing an additional 9,784 shares in the last quarter. Group One Trading LLC bought a new stake in GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at approximately $41,000. Finally, Mirae Asset Securities USA Inc. purchased a new position in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000.
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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