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

Shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $149.82, but opened at $166.05. GraniteShares 2x Long MRVL Daily ETF shares last traded at $142.52, with a volume of 624,294 shares traded.

GraniteShares 2x Long MRVL Daily ETF Stock Down 1.3%

The company has a 50 day moving average of $106.15 and a two-hundred day moving average of $51.68.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

Several institutional investors have recently bought and sold shares of MVLL. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MRVL Daily ETF in the second quarter valued at approximately $33,000. Simplex Trading LLC lifted its position in shares of GraniteShares 2x Long MRVL Daily ETF by 269.4% during the 4th quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock valued at $100,000 after buying an additional 3,394 shares in the last quarter. Finally, Optiver Holding B.V. grew 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 valued at $519,000 after acquiring an additional 15,196 shares during the period.

About GraniteShares 2x Long MRVL Daily ETF

(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.

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