GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $19.00, but opened at $20.59. GraniteShares 2x Long MU Daily ETF shares last traded at $20.55, with a volume of 2,246,409 shares traded.
GraniteShares 2x Long MU Daily ETF Stock Up 23.8%
The firm has a 50 day simple moving average of $27.29 and a two-hundred day simple moving average of $14.27.
Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF
Several hedge funds have recently modified their holdings of the stock. SBI Securities Co. Ltd. raised its position in GraniteShares 2x Long MU Daily ETF by 493.3% during the 4th 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. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF in the first quarter valued at about $41,000. Hollencrest Capital Management purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF in the fourth quarter valued at about $90,000. Optiver Holding B.V. boosted its holdings 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 acquiring an additional 9,784 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long MU Daily ETF during the first quarter worth about $1,064,000.
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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