GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price traded down 12.1% on Monday . The stock traded as low as $18.61 and last traded at $19.2090. 1,878,136 shares traded hands during trading, a decline of 81% from the average session volume of 10,047,669 shares. The stock had previously closed at $21.85.
GraniteShares 2x Long MU Daily ETF Price Performance
The stock’s 50-day simple moving average is $21.32 and its 200-day simple moving average is $18.17.
Institutional Trading of GraniteShares 2x Long MU Daily ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Group One Trading LLC purchased a new position in GraniteShares 2x Long MU Daily ETF in the first quarter worth $41,000. Hollencrest Capital Management purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at $90,000. Optiver Holding B.V. increased its position in shares of 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 valued at $1,140,000 after purchasing an additional 9,784 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth $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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