GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Trading 13.3% Higher – Here’s What Happened

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) shares shot up 13.3% on Tuesday . The stock traded as high as $58.00 and last traded at $56.73. 4,969,839 shares traded hands during trading, an increase of 39% from the average daily volume of 3,588,226 shares. The stock had previously closed at $50.08.

GraniteShares 2x Long MRVL Daily ETF Price Performance

The company’s 50-day simple moving average is $37.42 and its 200 day simple moving average is $18.08.

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

An institutional investor recently raised its stake in GraniteShares 2x Long MRVL Daily ETF stock. Simplex Trading LLC grew its stake in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLFree Report) by 269.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,654 shares of the company’s stock after buying an additional 3,394 shares during the quarter. Simplex Trading LLC owned 0.20% of GraniteShares 2x Long MRVL Daily ETF worth $100,000 as of its most recent filing with the SEC.

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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