GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) gapped down prior to trading on Tuesday. The stock had previously closed at $21.71, but opened at $19.29. GraniteShares 2x Long MU Daily ETF shares last traded at $19.77, with a volume of 1,820,606 shares trading hands.
GraniteShares 2x Long MU Daily ETF Stock Down 10.8%
The stock’s 50 day moving average is $22.40 and its 200 day moving average is $20.76.
Institutional Trading of GraniteShares 2x Long MU Daily ETF
Several institutional investors and hedge funds have recently modified their holdings of MULL. Optiver Holding B.V. increased its stake in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% during 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 in the last quarter. Mirae Asset Securities USA Inc. purchased a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $1,064,000. Finally, Group One Trading LLC purchased a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $41,000.
GraniteShares 2x Long MU Daily ETF Company Profile
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.
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