GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Get Free Report) shares dropped 8.6% during trading on Wednesday . The company traded as low as $133.65 and last traded at $136.31. Approximately 2,601,555 shares traded hands during mid-day trading, an increase of 147% from the average daily volume of 1,054,373 shares. The stock had previously closed at $149.15.
GraniteShares 2x Long MRVL Daily ETF Stock Down 3.8%
The business has a fifty day moving average of $76.23 and a 200 day moving average of $40.49.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Simplex Trading LLC boosted its holdings in GraniteShares 2x Long MRVL Daily ETF by 269.4% in the fourth quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock valued at $100,000 after purchasing an additional 3,394 shares during the last quarter. Group One Trading LLC grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 185.8% in the 3rd quarter. Group One Trading LLC now owns 4,064 shares of the company’s stock worth $96,000 after acquiring an additional 2,642 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% in the 3rd quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock valued at $519,000 after acquiring an additional 15,196 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 110.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock valued at $54,000 after acquiring an additional 1,196 shares during 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.
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