Short Interest in GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Declines By 61.3%

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 42,303 shares, a drop of 61.3% from the May 31st total of 109,278 shares. Approximately 3.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 423,141 shares, the short-interest ratio is currently 0.1 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management acquired a new stake in GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at about $90,000. Optiver Holding B.V. grew its stake in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% in 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 bought a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $41,000. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000. Finally, SBI Securities Co. Ltd. lifted its stake 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 valued at $32,000 after purchasing an additional 296 shares during the last quarter.

GraniteShares 2x Long MU Daily ETF Price Performance

MULL opened at $35.26 on Friday. GraniteShares 2x Long MU Daily ETF has a one year low of $0.59 and a one year high of $43.53. The stock’s fifty day moving average is $547.30 and its 200-day moving average is $282.42.

GraniteShares 2x Long MU Daily ETF Company Profile

(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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