GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report)’s share price fell 10% during trading on Friday . The stock traded as low as $16.74 and last traded at $16.84. 9,404,757 shares traded hands during trading, a decline of 14% from the average daily volume of 10,991,424 shares. The stock had previously closed at $18.72.
GraniteShares 2x Long MU Daily ETF Stock Down 6.0%
The firm has a fifty day moving average of $27.55 and a two-hundred day moving average of $15.04.
Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF
Hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. boosted its stake in shares of 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 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 during the first quarter worth $41,000. Hollencrest Capital Management purchased a new stake in GraniteShares 2x Long MU Daily ETF during the fourth quarter worth $90,000. Mirae Asset Securities USA Inc. bought a new stake in GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at $1,064,000. Finally, Optiver Holding B.V. boosted its position in GraniteShares 2x Long MU Daily ETF by 1,046.4% during the 1st quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock valued at $1,140,000 after acquiring an additional 9,784 shares in the last quarter.
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.
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