GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) Short Interest Update

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 3,017,676 shares, a growth of 145.5% from the June 30th total of 1,228,997 shares. Currently, 9.9% of the company’s shares are short sold. Based on an average trading volume of 10,202,999 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Optiver Holding B.V. boosted its position in shares of 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 worth $1,140,000 after buying an additional 9,784 shares during the period. Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at $41,000. Mirae Asset Securities USA Inc. acquired a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth about $1,064,000. Hollencrest Capital Management acquired a new position in GraniteShares 2x Long MU Daily ETF during the 4th quarter worth about $90,000. Finally, SBI Securities Co. Ltd. boosted its holdings in GraniteShares 2x Long MU Daily ETF by 493.3% during the 4th quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $32,000 after acquiring an additional 296 shares during the period.

GraniteShares 2x Long MU Daily ETF Stock Performance

Shares of MULL stock opened at $13.67 on Thursday. The firm’s 50 day moving average price is $27.56 and its 200-day moving average price is $14.95. GraniteShares 2x Long MU Daily ETF has a one year low of $0.59 and a one year high of $43.53.

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.