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

GraniteShares 2x Long MU Daily ETF (NASDAQ:MULL)’s share price hit a new 52-week high during trading on Thursday . The stock 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 Down 14.5%

The firm’s fifty day moving average is $547.30 and its 200 day moving average is $282.42.

Institutional Trading of GraniteShares 2x Long MU Daily ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SBI Securities Co. Ltd. boosted its holdings in shares of 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 worth $32,000 after buying an additional 296 shares during the period. Group One Trading LLC bought a new position in GraniteShares 2x Long MU Daily ETF in the 1st quarter worth $41,000. Hollencrest Capital Management acquired a new position in GraniteShares 2x Long MU Daily ETF during the 4th quarter worth $90,000. Mirae Asset Securities USA Inc. acquired a new position in GraniteShares 2x Long MU Daily ETF during the 1st quarter worth $1,064,000. Finally, Optiver Holding B.V. boosted its holdings in 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 valued at $1,140,000 after acquiring an additional 9,784 shares during the period.

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.