GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Trading 15.1% Higher – Time to Buy?

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report)’s stock price shot up 15.1% during trading on Thursday . The stock traded as high as $39.38 and last traded at $38.63. Approximately 1,308,401 shares traded hands during trading, a decline of 64% from the average daily volume of 3,595,160 shares. The stock had previously closed at $33.56.

GraniteShares 2x Long MRVL Daily ETF Trading Up 14.3%

The firm has a 50-day moving average of $40.28 and a 200 day moving average of $19.73.

Hedge Funds Weigh In On GraniteShares 2x Long MRVL Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long MRVL Daily ETF stock. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,422 shares of the company’s stock, valued at approximately $33,000. Group One Trading LLC owned about 0.15% of GraniteShares 2x Long MRVL Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long MRVL Daily ETF Company Profile

(Get Free Report)

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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