GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading 15.3% Higher – Here’s Why

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) shares traded up 15.3% during trading on Friday . The stock traded as high as $142.00 and last traded at $140.04. 460,548 shares traded hands during mid-day trading, an increase of 31% from the average session volume of 351,169 shares. The stock had previously closed at $121.48.

GraniteShares 2x Long MU Daily ETF Trading Up 15.3%

The stock’s fifty day simple moving average is $82.62 and its 200-day simple moving average is $49.66.

GraniteShares 2x Long MU Daily ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were issued a $0.3468 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 3.0%.

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

An institutional investor recently raised its position in GraniteShares 2x Long MU Daily ETF stock. Optiver Holding B.V. lifted its stake in GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) by 17.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,213 shares of the company’s stock after acquiring an additional 2,590 shares during the period. Optiver Holding B.V. owned approximately 2.42% of GraniteShares 2x Long MU Daily ETF worth $624,000 at the end of the most recent reporting 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.