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

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $24.39, but opened at $22.89. GraniteShares 2x Long MU Daily ETF shares last traded at $22.5010, with a volume of 1,165,687 shares changing hands.

GraniteShares 2x Long MU Daily ETF Price Performance

The company’s fifty day simple moving average is $21.47 and its 200 day simple moving average is $17.96.

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

A number of large investors have recently added to or reduced their stakes in MULL. SBI Securities Co. Ltd. raised its stake in shares of GraniteShares 2x Long MU Daily ETF by 493.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after purchasing an additional 296 shares during the last quarter. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $41,000. Hollencrest Capital Management purchased 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 holdings in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% in the 1st quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock worth $1,140,000 after purchasing an additional 9,784 shares during the period. Finally, Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF in 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.

Featured Articles

Receive News & Ratings for GraniteShares 2x Long MU Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long MU Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.