GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading Down 12% – What’s Next?

Posted by Dante Gardener on May 15th, 2026

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price were down 12% on Friday . The stock traded as low as $444.89 and last traded at $446.13. Approximately 156,712 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 444,916 shares. The stock had previously closed at $507.00.

GraniteShares 2x Long MU Daily ETF Stock Down 10.5%

The company has a 50 day moving average of $215.48 and a two-hundred day moving average of $147.50.

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

Several institutional investors and hedge funds have recently modified their holdings of the business. Optiver Holding B.V. increased its stake in shares of GraniteShares 2x Long MU Daily ETF by 17.7% in the 3rd quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock valued at $624,000 after purchasing an additional 2,590 shares in the last quarter. Mirae Asset Securities USA Inc. purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at about $1,064,000. Hollencrest Capital Management purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at about $90,000. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at about $41,000. Finally, SBI Securities Co. Ltd. increased its stake in shares of GraniteShares 2x Long MU Daily ETF by 493.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $32,000 after purchasing an additional 296 shares in the last quarter.

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.