GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Gap Down – Here’s Why

Shares of GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $25.81, but opened at $23.18. GraniteShares 2x Long MU Daily ETF shares last traded at $22.44, with a volume of 2,760,728 shares traded.

GraniteShares 2x Long MU Daily ETF Price Performance

The business has a 50 day simple moving average of $26.51 and a 200-day simple moving average of $13.37.

Hedge Funds Weigh In On GraniteShares 2x Long MU Daily ETF

Several institutional investors have recently added to or reduced their stakes in MULL. Mirae Asset Securities USA Inc. purchased a new stake in GraniteShares 2x Long MU Daily ETF during the first quarter worth about $1,064,000. Optiver Holding B.V. boosted its stake in GraniteShares 2x Long MU Daily ETF by 1,046.4% in the first quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock valued at $1,140,000 after acquiring an additional 9,784 shares during the last quarter. Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at approximately $90,000. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at approximately $41,000. Finally, SBI Securities Co. Ltd. grew its holdings in 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 during the period.

GraniteShares 2x Long MU Daily ETF Company Profile

(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.

Featured Articles

Receive News & Ratings for GraniteShares 2x Long MU Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long MU Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.