GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading Down 4.6% – What’s Next?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report)’s share price fell 4.6% during mid-day trading on Thursday . The company traded as low as $19.61 and last traded at $20.28. 1,602,205 shares traded hands during mid-day trading, a decline of 84% from the average daily 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 company has a 50 day simple moving average of $22.72 and a 200 day simple moving average of $17.38.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Several large investors have recently bought and sold shares of MULL. SBI Securities Co. Ltd. boosted its holdings in shares of 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 purchasing 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 approximately $41,000. Hollencrest Capital Management acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF in the fourth quarter valued at approximately $90,000. Mirae Asset Securities USA Inc. acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF in the first quarter valued at approximately $1,064,000. Finally, Optiver Holding B.V. lifted its position 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 buying an additional 9,784 shares in the last quarter.

About GraniteShares 2x Long MU Daily ETF

(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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