GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Trading Up 16.9% – Here’s What Happened

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) shares were up 16.9% during trading on Monday . The company traded as high as $180.00 and last traded at $173.64. Approximately 2,276,146 shares changed hands during trading, an increase of 137% from the average daily volume of 958,462 shares. The stock had previously closed at $148.59.

GraniteShares 2x Long MRVL Daily ETF Trading Down 15.3%

The business has a fifty day moving average price of $76.23 and a 200 day moving average price of $40.49.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

A number of institutional investors have recently made changes to their positions in the stock. SBI Securities Co. Ltd. increased its position in shares of GraniteShares 2x Long MRVL Daily ETF by 110.2% during the 3rd quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock valued at $54,000 after purchasing an additional 1,196 shares during the period. Optiver Holding B.V. increased its position in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% during the 3rd quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock valued at $519,000 after purchasing an additional 15,196 shares during the period. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long MRVL Daily ETF during the 2nd quarter valued at $33,000. Finally, Simplex Trading LLC increased its position in shares of GraniteShares 2x Long MRVL Daily ETF by 269.4% during the 4th quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock valued at $100,000 after purchasing an additional 3,394 shares during the period.

About GraniteShares 2x Long MRVL Daily ETF

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.