GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Shares Down 10% – Time to Sell?

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) fell 10% on Friday . The company traded as low as $16.74 and last traded at $16.84. Approximately 9,404,757 shares were traded during trading, a decline of 14% from the average session volume of 10,991,424 shares. The stock had previously closed at $18.72.

GraniteShares 2x Long MU Daily ETF Stock Performance

The business has a 50-day moving average of $27.55 and a two-hundred day moving average of $15.04.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

A number of institutional investors have recently modified their holdings of the company. Mirae Asset Securities USA Inc. purchased a new position in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth approximately $1,064,000. Optiver Holding B.V. grew its holdings in GraniteShares 2x Long MU Daily ETF by 1,046.4% in the first 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. Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long MU Daily ETF during the fourth quarter worth $90,000. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at $41,000. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of 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 purchasing an additional 296 shares during 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.

Further Reading

Receive News & Ratings for GraniteShares 2x Long MU Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long MU Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.