Shares of GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) gapped down before the market opened on Tuesday. The stock had previously closed at $17.93, but opened at $17.06. GraniteShares 2x Long MU Daily ETF shares last traded at $18.3470, with a volume of 1,289,335 shares changing hands.
GraniteShares 2x Long MU Daily ETF Price Performance
The business’s 50-day moving average is $22.38 and its 200 day moving average is $21.24.
Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Mirae Asset Securities USA Inc. bought a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth approximately $1,064,000. Optiver Holding B.V. lifted its position 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 purchasing an additional 9,784 shares during the last quarter. Finally, Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $41,000.
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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