GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Stock Price Up 11.1% – Time to Buy?

Shares of GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report) rose 11.1% during mid-day trading on Friday . The stock traded as high as $760.26 and last traded at $760.26. Approximately 108,665 shares changed hands during trading, a decline of 76% from the average daily volume of 446,776 shares. The stock had previously closed at $684.42.

GraniteShares 2x Long MU Daily ETF Trading Up 9.5%

The company’s fifty day moving average price is $284.83 and its two-hundred day moving average price is $179.03.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. increased 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 worth $32,000 after buying an additional 296 shares during the last quarter. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth $41,000. Hollencrest Capital Management acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter worth $90,000. Mirae Asset Securities USA Inc. acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth $1,064,000. Finally, Optiver Holding B.V. increased its holdings in shares of GraniteShares 2x Long MU Daily ETF by 17.7% during 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.

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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