GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Sees Unusually-High Trading Volume – Here’s What Happened

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) shares saw an uptick in trading volume on Friday . 1,061,340 shares changed hands during mid-day trading, an increase of 17% from the previous session’s volume of 905,426 shares.The stock last traded at $187.53 and had previously closed at $222.22.

GraniteShares 2x Long MRVL Daily ETF Price Performance

The business’s 50 day moving average price is $68.28 and its 200-day moving average price is $37.60.

Institutional Investors Weigh In On GraniteShares 2x Long MRVL Daily ETF

Institutional investors have recently modified their holdings of the stock. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MRVL Daily ETF in the 2nd quarter valued at about $33,000. SBI Securities Co. Ltd. grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 110.2% during the 3rd quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock valued at $54,000 after buying an additional 1,196 shares during the last quarter. Simplex Trading LLC grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 269.4% during the 4th quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock valued at $100,000 after buying an additional 3,394 shares during the last quarter. Finally, Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% during the 3rd quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock valued at $519,000 after buying an additional 15,196 shares during the last quarter.

GraniteShares 2x Long MRVL Daily ETF Company Profile

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.