GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading Up 12.9% – Time to Buy?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) shares rose 12.9% on Wednesday . The company traded as high as $873.75 and last traded at $870.18. Approximately 257,077 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 445,107 shares. The stock had previously closed at $771.00.

GraniteShares 2x Long MU Daily ETF Stock Performance

The business’s 50 day moving average is $474.84 and its 200 day moving average is $253.93.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

A number of institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. increased its holdings 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 acquiring an additional 296 shares during the last quarter. Group One Trading LLC acquired a new position in GraniteShares 2x Long MU Daily ETF in the first quarter valued at approximately $41,000. Hollencrest Capital Management purchased a new position in GraniteShares 2x Long MU Daily ETF in the fourth quarter valued at approximately $90,000. Optiver Holding B.V. increased its stake in GraniteShares 2x Long MU Daily ETF by 17.7% in the third 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. Finally, Mirae Asset Securities USA Inc. acquired a new stake in GraniteShares 2x Long MU Daily ETF during the first quarter worth 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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