GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Stock Price Up 11.5% – Still a Buy?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) shares rose 11.5% during mid-day trading on Thursday . The stock traded as high as $680.00 and last traded at $674.43. Approximately 266,720 shares were traded during trading, a decline of 41% from the average daily volume of 448,713 shares. The stock had previously closed at $605.01.

GraniteShares 2x Long MU Daily ETF Trading Up 18.1%

The firm’s 50-day moving average price is $392.41 and its 200 day moving average price is $222.17.

Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF

Several large investors have recently made changes to their positions in MULL. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $1,064,000. Optiver Holding B.V. grew its holdings in GraniteShares 2x Long MU Daily ETF by 1,046.4% in the 1st quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock worth $1,140,000 after buying an additional 9,784 shares in the last quarter. Hollencrest Capital Management acquired a new stake in GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at approximately $90,000. Group One Trading LLC acquired a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $41,000. Finally, SBI Securities Co. Ltd. raised its stake in GraniteShares 2x Long MU Daily ETF by 493.3% during 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 in the last quarter.

About GraniteShares 2x Long MU Daily ETF

(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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