GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Hits New 1-Year High – Here’s Why

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULLGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $1,088.16 and last traded at $1,019.38, with a volume of 192954 shares traded. The stock had previously closed at $780.12.

GraniteShares 2x Long MU Daily ETF Trading Up 26.0%

The firm has a fifty day moving average price of $533.68 and a 200 day moving average price of $277.36.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Several institutional investors and hedge funds have recently bought and sold shares of MULL. SBI Securities Co. Ltd. lifted its stake in 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 buying an additional 296 shares in the last quarter. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF during the first quarter valued at approximately $41,000. Hollencrest Capital Management acquired a new stake in shares of GraniteShares 2x Long MU Daily ETF during the fourth quarter valued at approximately $90,000. Optiver Holding B.V. lifted its position in shares of GraniteShares 2x Long MU Daily ETF by 17.7% in the 3rd quarter. Optiver Holding B.V. now owns 17,213 shares of the company’s stock valued at $624,000 after acquiring an additional 2,590 shares in the last quarter. Finally, Mirae Asset Securities USA Inc. purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at approximately $1,064,000.

About GraniteShares 2x Long MU Daily ETF

(Get Free Report)

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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