GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Gap Up – Should You Buy?

Posted by Latisha Jones on Jun 9th, 2026

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $176.01, but opened at $189.43. GraniteShares 2x Long MRVL Daily ETF shares last traded at $171.79, with a volume of 1,207,671 shares traded.

GraniteShares 2x Long MRVL Daily ETF Stock Down 27.6%

The stock’s 50 day moving average price is $73.73 and its two-hundred day moving average price is $39.59.

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

A number of hedge funds have recently modified their holdings of MVLL. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long MRVL Daily ETF in the second quarter worth $33,000. SBI Securities Co. Ltd. grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 110.2% in the third quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock valued at $54,000 after purchasing an additional 1,196 shares during the last quarter. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% in the third quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock valued at $519,000 after purchasing an additional 15,196 shares during the last quarter. Finally, Simplex Trading LLC grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 269.4% in the fourth quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock valued at $100,000 after purchasing an additional 3,394 shares during the last quarter.

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.