GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s stock price traded down 5.5% during trading on Wednesday . The company traded as low as $24.25 and last traded at $24.38. 1,658,444 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 10,977,394 shares. The stock had previously closed at $25.81.
GraniteShares 2x Long MU Daily ETF Trading Down 11.3%
The business has a fifty day simple moving average of $27.24 and a two-hundred day simple moving average of $13.91.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the stock. Optiver Holding B.V. lifted its stake in shares of GraniteShares 2x Long MU Daily ETF by 1,046.4% during the 1st quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock worth $1,140,000 after purchasing an additional 9,784 shares during the last quarter. Mirae Asset Securities USA Inc. bought a new position in GraniteShares 2x Long MU Daily ETF in the first quarter worth about $1,064,000. Hollencrest Capital Management bought a new position in GraniteShares 2x Long MU Daily ETF in the fourth quarter worth about $90,000. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter valued at about $41,000. Finally, SBI Securities Co. Ltd. lifted its position in shares of GraniteShares 2x Long MU Daily ETF by 493.3% during the fourth quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $32,000 after buying an additional 296 shares during the last quarter.
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.
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