GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Gap Down – Here’s What Happened

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $39.14, but opened at $34.58. GraniteShares 2x Long MRVL Daily ETF shares last traded at $34.22, with a volume of 1,170,025 shares changing hands.

GraniteShares 2x Long MRVL Daily ETF Stock Down 19.1%

The company has a 50 day moving average of $39.82 and a 200 day moving average of $19.36.

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

A hedge fund recently bought a new position in GraniteShares 2x Long MRVL Daily ETF stock. Group One Trading LLC acquired a new stake in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLFree Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,422 shares of the company’s stock, valued at approximately $33,000. Group One Trading LLC owned approximately 0.15% of GraniteShares 2x Long MRVL Daily ETF as of its most recent filing with the SEC.

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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