GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) shares were down 4.6% on Thursday . The company traded as low as $19.61 and last traded at $20.28. 1,602,205 shares traded hands during trading, a decline of 84% from the average session volume of 10,234,896 shares. The stock had previously closed at $21.25.
GraniteShares 2x Long MU Daily ETF Trading Down 0.8%
The business’s 50-day simple moving average is $22.72 and its 200 day simple moving average is $17.38.
Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF
A number of large investors have recently made changes to their positions in MULL. Optiver Holding B.V. grew its position in 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. Group One Trading LLC acquired a new position in GraniteShares 2x Long MU Daily ETF during the first quarter valued at $41,000. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at about $1,064,000. Hollencrest Capital Management acquired a new position in GraniteShares 2x Long MU Daily ETF in the fourth quarter valued at approximately $90,000. Finally, SBI Securities Co. Ltd. boosted its holdings in GraniteShares 2x Long MU Daily ETF by 493.3% during 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 in the last quarter.
About GraniteShares 2x Long MU Daily ETF
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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