GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Trading Up 6.4% – Here’s What Happened

Shares of GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) traded up 6.4% during trading on Tuesday . The stock traded as high as $26.52 and last traded at $26.29. 2,332,247 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 9,841,340 shares. The stock had previously closed at $24.70.

GraniteShares 2x Long MU Daily ETF Stock Performance

The business’s fifty day moving average price is $20.89 and its two-hundred day moving average price is $18.79.

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

Several hedge funds have recently bought and sold shares of the business. Optiver Holding B.V. raised its holdings in GraniteShares 2x Long MU Daily ETF by 1,046.4% during the first quarter. Optiver Holding B.V. now owns 10,719 shares of the company’s stock valued at $1,140,000 after buying an additional 9,784 shares in the last quarter. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth about $41,000. Finally, Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter worth about $1,064,000.

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.