GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading 12.9% Higher – Here’s What Happened

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

GraniteShares 2x Long MU Daily ETF Stock Performance

The business has a 50 day moving average of $445.24 and a 200 day moving average of $242.54.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. increased its position in GraniteShares 2x Long MU Daily ETF by 493.3% in the fourth quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock worth $32,000 after purchasing an additional 296 shares during the last quarter. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth $41,000. Hollencrest Capital Management purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter worth $90,000. Optiver Holding B.V. increased its holdings 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 worth $624,000 after buying an additional 2,590 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth about $1,064,000.

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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