GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL – Get Free Report)’s stock price dropped 1.6% during trading on Monday . The company traded as low as $37.55 and last traded at $38.71. 292,230 shares were traded during trading, an increase of 106% from the average session volume of 141,556 shares. The stock had previously closed at $39.33.
GraniteShares 2x Long MARA Daily ETF Stock Performance
The firm has a market capitalization of $38.40 million, a P/E ratio of -316.83 and a beta of 8.03. The stock has a fifty day moving average price of $50.37 and a two-hundred day moving average price of $49.23.
Hedge Funds Weigh In On GraniteShares 2x Long MARA Daily ETF
A number of hedge funds have recently added to or reduced their stakes in the business. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MARA Daily ETF during the third quarter worth $58,000. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MARA Daily ETF during the 1st quarter valued at about $172,000. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long MARA Daily ETF by 128.4% during the 1st quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock valued at $202,000 after buying an additional 39,586 shares during the last quarter. HighTower Advisors LLC raised its stake in GraniteShares 2x Long MARA Daily ETF by 23.2% during the fourth quarter. HighTower Advisors LLC now owns 53,508 shares of the company’s stock worth $246,000 after acquiring an additional 10,063 shares during the period. Finally, Sara Bay Financial raised its stake in GraniteShares 2x Long MARA Daily ETF by 30.5% during the first quarter. Sara Bay Financial now owns 174,363 shares of the company’s stock worth $500,000 after acquiring an additional 40,783 shares during the period. Institutional investors and hedge funds own 0.42% of the company’s stock.
About GraniteShares 2x Long MARA Daily ETF
GraniteShares 2x Long MARA 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 MARA holdings Inc
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