GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Trading Down 8.6% – What’s Next?

Shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) traded down 8.6% during trading on Wednesday . The stock traded as low as $133.65 and last traded at $136.31. 2,601,555 shares were traded during mid-day trading, an increase of 147% from the average session volume of 1,054,373 shares. The stock had previously closed at $149.15.

GraniteShares 2x Long MRVL Daily ETF Stock Up 22.2%

The firm’s fifty day moving average price is $81.22 and its 200 day moving average price is $42.32.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

Several large investors have recently made changes to their positions in MVLL. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MRVL Daily ETF in the 2nd quarter valued at $33,000. SBI Securities Co. Ltd. boosted its holdings in GraniteShares 2x Long MRVL Daily ETF by 110.2% during the third quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock worth $54,000 after buying an additional 1,196 shares in the last quarter. Optiver Holding B.V. boosted its holdings in GraniteShares 2x Long MRVL Daily ETF by 225.1% during the third quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock worth $519,000 after buying an additional 15,196 shares in the last quarter. Finally, Simplex Trading LLC boosted its holdings in GraniteShares 2x Long MRVL Daily ETF by 269.4% during the fourth quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock worth $100,000 after buying an additional 3,394 shares in the last quarter.

GraniteShares 2x Long MRVL Daily ETF Company Profile

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.