GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Hits New 52-Week High – Still a Buy?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) shares hit a new 52-week high on Thursday . The stock traded as high as $946.40 and last traded at $945.41, with a volume of 214855 shares changing hands. The stock had previously closed at $802.60.

GraniteShares 2x Long MU Daily ETF Price Performance

The business’s fifty day simple moving average is $458.66 and its 200-day simple moving average is $247.76.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Several large investors have recently modified their holdings of the business. Optiver Holding B.V. raised its position in GraniteShares 2x Long MU Daily ETF by 17.7% during the 3rd quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock valued at $624,000 after purchasing an additional 2,590 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in GraniteShares 2x Long MU Daily ETF by 493.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after buying an additional 296 shares during the period. Hollencrest Capital Management bought a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter worth approximately $90,000. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000. Finally, Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $41,000.

GraniteShares 2x Long MU Daily ETF Company Profile

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.