GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Get Free Report) crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $24.18 and traded as low as $21.82. GraniteShares 2x Long MRVL Daily ETF shares last traded at $22.74, with a volume of 8,242,657 shares trading hands.
GraniteShares 2x Long MRVL Daily ETF Stock Down 26.5%
The stock has a 50 day simple moving average of $30.84 and a 200-day simple moving average of $24.18.
Hedge Funds Weigh In On GraniteShares 2x Long MRVL Daily ETF
An institutional investor recently bought a new stake in GraniteShares 2x Long MRVL Daily ETF stock. Woodward Diversified Capital LLC acquired a new position in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 20,900 shares of the company’s stock, valued at approximately $748,000. Woodward Diversified Capital LLC owned approximately 0.20% of GraniteShares 2x Long MRVL Daily ETF as of its most recent SEC filing.
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.
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