GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Up 6.4% – Still a Buy?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) traded up 6.4% during trading on Thursday . The company traded as high as $21.26 and last traded at $21.19. Approximately 1,584,767 shares were traded during trading, a decline of 85% from the average daily volume of 10,769,182 shares. The stock had previously closed at $19.92.

GraniteShares 2x Long MU Daily ETF Price Performance

The business has a 50-day simple moving average of $25.76 and a two-hundred day simple moving average of $15.85.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Several institutional investors have recently modified their holdings of the company. Optiver Holding B.V. grew its holdings in GraniteShares 2x Long MU Daily ETF by 1,046.4% during the first quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock worth $1,140,000 after acquiring an additional 9,784 shares during the period. Group One Trading LLC acquired a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at about $41,000. Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at about $90,000. Mirae Asset Securities USA Inc. bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at about $1,064,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of GraniteShares 2x Long MU Daily ETF by 493.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after purchasing an additional 296 shares during the last quarter.

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.

Further Reading

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