Shares of GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) fell 10.4% during trading on Wednesday . The company traded as low as $698.99 and last traded at $707.05. Approximately 340,260 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 443,149 shares. The stock had previously closed at $789.39.
GraniteShares 2x Long MU Daily ETF Trading Down 4.5%
The company has a fifty day simple moving average of $521.39 and a two-hundred day simple moving average of $272.28.
Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF
Several large investors have recently bought and sold shares of MULL. Mirae Asset Securities USA Inc. acquired a new stake in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth $1,064,000. Optiver Holding B.V. lifted 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 valued at $1,140,000 after purchasing an additional 9,784 shares during the period. Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter worth $90,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter worth $41,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of 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 worth $32,000 after purchasing an additional 296 shares during the period.
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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