GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Gap Down – Here’s What Happened

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.

GraniteShares 2x Long MU Daily ETF Stock Performance

The business has a 50 day moving average of $22.40 and a 200 day moving average of $20.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted 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 during the last quarter. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long MU Daily ETF in the first quarter valued at approximately $1,064,000. Finally, Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long MU Daily ETF in the first quarter valued at approximately $41,000.

About GraniteShares 2x Long MU Daily ETF

(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.

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