GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Up 15.1% – Here’s Why

Shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) traded up 15.1% during mid-day trading on Thursday . The company traded as high as $39.38 and last traded at $38.63. 1,308,401 shares changed hands during trading, a decline of 64% from the average session volume of 3,595,160 shares. The stock had previously closed at $33.56.

GraniteShares 2x Long MRVL Daily ETF Stock Performance

The company has a 50 day simple moving average of $40.90 and a 200 day simple moving average of $20.05.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long MRVL Daily ETF stock. Group One Trading LLC purchased a new stake in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,422 shares of the company’s stock, valued at approximately $33,000. Group One Trading LLC owned 0.15% of GraniteShares 2x Long MRVL Daily ETF as of its most recent filing with the Securities & Exchange Commission.

GraniteShares 2x Long MRVL Daily ETF Company Profile

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.