GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) traded down 13.3% during trading on Friday . The company traded as low as $670.00 and last traded at $680.68. 164,837 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 442,874 shares. The stock had previously closed at $784.71.
GraniteShares 2x Long MU Daily ETF Stock Down 19.1%
The business’s 50 day moving average price is $351.07 and its 200-day moving average price is $205.96.
Institutional Trading of GraniteShares 2x Long MU Daily ETF
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. lifted its stake in GraniteShares 2x Long MU Daily ETF by 493.3% during 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 in the last quarter. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF in the first quarter valued at $41,000. Hollencrest Capital Management purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 4th quarter valued at $90,000. Optiver Holding B.V. raised 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 valued at $624,000 after buying an additional 2,590 shares during the period. Finally, Mirae Asset Securities USA Inc. acquired a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth about $1,064,000.
GraniteShares 2x Long MU Daily ETF Company Profile
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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