GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Gap Up – Time to Buy?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $25.79, but opened at $27.48. GraniteShares 2x Long MU Daily ETF shares last traded at $27.57, with a volume of 1,904,081 shares traded.

GraniteShares 2x Long MU Daily ETF Stock Up 7.0%

The company has a 50 day simple moving average of $24.89 and a two-hundred day simple moving average of $12.58.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SBI Securities Co. Ltd. grew its position 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 valued at $32,000 after purchasing an additional 296 shares in the last quarter. Group One Trading LLC bought a new position in GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $41,000. Hollencrest Capital Management purchased a new position in GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at approximately $90,000. Mirae Asset Securities USA Inc. bought a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000. Finally, Optiver Holding B.V. raised its holdings 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 worth $1,140,000 after acquiring 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.

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