GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Shares Down 6.1% – Here’s What Happened

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRALGet Free Report)’s share price traded down 6.1% during trading on Wednesday . The stock traded as low as $3.53 and last traded at $3.56. 1,551,095 shares traded hands during trading, an increase of 9% from the average session volume of 1,423,513 shares. The stock had previously closed at $3.79.

GraniteShares 2x Long MARA Daily ETF Stock Performance

The stock has a 50-day moving average of $4.16 and a two-hundred day moving average of $11.46. The company has a market cap of $31.70 million, a P/E ratio of -26.50 and a beta of 15.26.

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

A number of hedge funds have recently made changes to their positions in the business. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long MARA Daily ETF during the 3rd quarter valued at $58,000. Foundations Investment Advisors LLC bought a new stake in GraniteShares 2x Long MARA Daily ETF in the third quarter worth $208,000. SLT Holdings LLC purchased a new stake in GraniteShares 2x Long MARA Daily ETF during the third quarter valued at about $208,000. Susquehanna International Group LLP boosted its position in GraniteShares 2x Long MARA Daily ETF by 8.1% during the third quarter. Susquehanna International Group LLP now owns 23,685 shares of the company’s stock valued at $548,000 after buying an additional 1,779 shares during the period. Finally, Optiver Holding B.V. grew its stake in shares of GraniteShares 2x Long MARA Daily ETF by 126.0% during the third quarter. Optiver Holding B.V. now owns 24,858 shares of the company’s stock valued at $575,000 after buying an additional 13,859 shares during the last quarter. 0.42% of the stock is currently owned by institutional investors.

GraniteShares 2x Long MARA Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MARA 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 MARA holdings Inc

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