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

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $723.12, but opened at $837.60. GraniteShares 2x Long MU Daily ETF shares last traded at $851.56, with a volume of 123,102 shares trading hands.

GraniteShares 2x Long MU Daily ETF Price Performance

The company has a 50-day moving average of $417.15 and a 200-day moving average of $231.75.

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

Institutional investors and hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. grew its position in shares of 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 valued at $32,000 after purchasing an additional 296 shares during the period. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $41,000. Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at approximately $90,000. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long MU Daily ETF by 17.7% in 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 period. Finally, Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $1,064,000.

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.

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