GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Trading 4.1% Higher – Should You Buy?

Shares of GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRALGet Free Report) shot up 4.1% during mid-day trading on Tuesday . The stock traded as high as $3.14 and last traded at $3.05. 1,361,063 shares were traded during mid-day trading, an increase of 12% from the average session volume of 1,212,318 shares. The stock had previously closed at $2.93.

GraniteShares 2x Long MARA Daily ETF Stock Up 4.1%

The stock has a market capitalization of $30.41 million, a P/E ratio of -25.42 and a beta of 15.26. The company has a fifty day simple moving average of $4.87 and a two-hundred day simple moving average of $13.25.

Hedge Funds Weigh In On GraniteShares 2x Long MARA Daily ETF

Several institutional investors have recently modified their holdings of MRAL. Susquehanna International Group LLP increased its stake in GraniteShares 2x Long MARA Daily ETF by 8.1% during the 3rd quarter. Susquehanna International Group LLP now owns 23,685 shares of the company’s stock worth $548,000 after purchasing an additional 1,779 shares in the last quarter. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long MARA Daily ETF during the third quarter worth $58,000. Foundations Investment Advisors LLC bought a new stake in GraniteShares 2x Long MARA Daily ETF in the 3rd quarter valued at $208,000. SLT Holdings LLC acquired a new position in GraniteShares 2x Long MARA Daily ETF in the 3rd quarter worth $208,000. Finally, HighTower Advisors LLC increased its holdings in GraniteShares 2x Long MARA Daily ETF by 23.2% during the 4th quarter. HighTower Advisors LLC now owns 53,508 shares of the company’s stock worth $246,000 after purchasing an additional 10,063 shares in the last quarter. Institutional investors own 0.42% of the company’s stock.

About GraniteShares 2x Long MARA Daily ETF

(Get Free Report)

GraniteShares 2x Long MARA 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 MARA holdings Inc

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