GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Gap Down – Should You Sell?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $387.09, but opened at $367.63. GraniteShares 2x Long MU Daily ETF shares last traded at $432.51, with a volume of 421,558 shares trading hands.

GraniteShares 2x Long MU Daily ETF Price Performance

The company has a 50 day simple moving average of $237.13 and a 200 day simple moving average of $157.57.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. SBI Securities Co. Ltd. raised its stake in shares of GraniteShares 2x Long MU Daily ETF by 493.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after purchasing an additional 296 shares in the last quarter. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $41,000. Hollencrest Capital Management bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter worth approximately $90,000. Optiver Holding B.V. raised its stake in shares of GraniteShares 2x Long MU Daily ETF by 17.7% during the 3rd quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock worth $624,000 after purchasing an additional 2,590 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $1,064,000.

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.

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