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 drop in short interest in September. As of September 15th, there was short interest totaling 5,290,382 shares, a drop of 54.4% from the August 31st total of 11,603,210 shares. Based on an average trading volume of 4,190,160 shares, the short-interest ratio is currently 1.3 days. Approximately 16.9% of the company’s stock are short sold.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

Several institutional investors have recently modified their holdings of MULL. Group One Trading LLC purchased a new position in GraniteShares 2x Long MU Daily ETF in the 1st quarter valued at $41,000. Mirae Asset Securities USA Inc. purchased a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth $1,064,000. Finally, Optiver Holding B.V. raised its position in GraniteShares 2x Long MU Daily ETF by 1,046.4% during the 1st 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 last quarter.

GraniteShares 2x Long MU Daily ETF Price Performance

MULL stock traded up $0.07 during trading on Wednesday, hitting $25.64. 3,268,767 shares of the company’s stock were exchanged, compared to its average volume of 9,696,275. The business has a 50-day moving average price of $21.42 and a two-hundred day moving average price of $19.63. GraniteShares 2x Long MU Daily ETF has a 52-week low of $1.42 and a 52-week 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.