GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading Up 7.5% – Time to Buy?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report)’s share price traded up 7.5% on Thursday . The company traded as high as $25.97 and last traded at $25.66. Approximately 3,029,534 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 10,966,835 shares. The stock had previously closed at $23.87.

GraniteShares 2x Long MU Daily ETF Stock Performance

The company’s fifty day moving average is $27.33 and its 200-day moving average is $14.41.

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

A number of hedge funds have recently bought and sold shares of MULL. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% in 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 last quarter. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth about $41,000. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth about $1,064,000. Hollencrest Capital Management bought a new stake in GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at approximately $90,000. Finally, SBI Securities Co. Ltd. grew its holdings 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 buying an additional 296 shares during the last quarter.

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.

Further Reading

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