GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL – Get Free Report) shares were up 12.9% on Wednesday . The company traded as high as $873.75 and last traded at $870.18. Approximately 257,077 shares were traded during trading, a decline of 42% from the average daily volume of 445,107 shares. The stock had previously closed at $771.00.
GraniteShares 2x Long MU Daily ETF Stock Up 4.1%
The firm’s fifty day moving average is $445.24 and its two-hundred day moving average is $242.54.
Institutional Investors Weigh In On GraniteShares 2x Long MU Daily ETF
Several institutional investors and hedge funds have recently modified their holdings of MULL. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long MU Daily ETF by 17.7% in the third quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock worth $624,000 after buying an additional 2,590 shares in the last quarter. Mirae Asset Securities USA Inc. purchased a new stake in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth $1,064,000. Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 4th quarter valued at about $90,000. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long MU Daily ETF during the 1st quarter valued at about $41,000. Finally, SBI Securities Co. Ltd. grew its position 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.
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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