GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Gap Down – Here’s Why

Posted by Teresa Graham on Jun 4th, 2026

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $202.93, but opened at $180.00. GraniteShares 2x Long MRVL Daily ETF shares last traded at $183.49, with a volume of 1,399,508 shares.

GraniteShares 2x Long MRVL Daily ETF Price Performance

The company’s 50-day simple moving average is $64.30 and its 200-day simple moving average is $36.20.

Hedge Funds Weigh In On GraniteShares 2x Long MRVL Daily ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MVLL. Group One Trading LLC acquired a new position in GraniteShares 2x Long MRVL Daily ETF in the 2nd quarter worth approximately $33,000. SBI Securities Co. Ltd. boosted its stake in GraniteShares 2x Long MRVL Daily ETF by 110.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock worth $54,000 after purchasing an additional 1,196 shares during the period. Optiver Holding B.V. boosted its stake in GraniteShares 2x Long MRVL Daily ETF by 225.1% in the 3rd quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock worth $519,000 after purchasing an additional 15,196 shares during the period. Finally, Simplex Trading LLC boosted its stake in GraniteShares 2x Long MRVL Daily ETF by 269.4% in the 4th quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock worth $100,000 after purchasing an additional 3,394 shares during the period.

GraniteShares 2x Long MRVL Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.