GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Short Interest Update

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 109,278 shares, a growth of 113.4% from the May 14th total of 51,198 shares. Approximately 9.4% of the company’s shares are short sold. Based on an average daily volume of 456,963 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. raised its holdings in shares of GraniteShares 2x Long MU Daily ETF by 493.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $32,000 after purchasing an additional 296 shares in the last quarter. Group One Trading LLC purchased a new stake in GraniteShares 2x Long MU Daily ETF in the first quarter valued at approximately $41,000. Hollencrest Capital Management purchased a new position in shares of GraniteShares 2x Long MU Daily ETF during the fourth quarter worth approximately $90,000. Optiver Holding B.V. grew its position in 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 purchasing an additional 2,590 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter worth $1,064,000.

GraniteShares 2x Long MU Daily ETF Price Performance

Shares of MULL opened at $852.02 on Monday. The company’s 50-day simple moving average is $417.15 and its 200-day simple moving average is $231.75. GraniteShares 2x Long MU Daily ETF has a 1 year low of $14.68 and a 1 year high of $943.00.

About GraniteShares 2x Long MU Daily ETF

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.