GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Gap Up – What’s Next?

Shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $37.93, but opened at $40.86. GraniteShares 2x Long MRVL Daily ETF shares last traded at $41.35, with a volume of 989,029 shares.

GraniteShares 2x Long MRVL Daily ETF Stock Up 11.0%

The stock has a 50 day moving average price of $39.51 and a two-hundred day moving average price of $19.13.

Institutional Investors Weigh In On GraniteShares 2x Long MRVL Daily ETF

A hedge fund recently raised its stake in GraniteShares 2x Long MRVL Daily ETF stock. Simplex Trading LLC lifted its stake in shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLFree Report) by 269.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,654 shares of the company’s stock after purchasing an additional 3,394 shares during the period. Simplex Trading LLC owned approximately 0.20% of GraniteShares 2x Long MRVL Daily ETF worth $100,000 at the end of the most recent reporting period.

GraniteShares 2x Long MRVL Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.

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