GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price rose 6.2% during mid-day trading on Friday . The company traded as high as $20.89 and last traded at $20.43. Approximately 9,937,599 shares changed hands during trading, a decline of 10% from the average session volume of 11,057,689 shares. The stock had previously closed at $19.24.
GraniteShares 2x Long MU Daily ETF Price Performance
The company’s 50-day simple moving average is $27.24 and its 200-day simple moving average is $13.91.
Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF
A number of hedge funds have recently added to or reduced their stakes in MULL. SBI Securities Co. Ltd. lifted its position in shares of GraniteShares 2x Long MU Daily ETF by 493.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after buying an additional 296 shares during the last quarter. Hollencrest Capital Management acquired a new stake in GraniteShares 2x Long MU Daily ETF in the 4th quarter worth approximately $90,000. Mirae Asset Securities USA Inc. acquired a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000. Group One Trading LLC acquired a new position in GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $41,000. Finally, Optiver Holding B.V. raised its position in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% in the first quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock valued at $1,140,000 after purchasing an additional 9,784 shares during the period.
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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