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GraniteShares 2x Long MRVL Daily ETF (MVLL)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
25.06 USD -6.64 (-20.946%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 25.14 +0.08 (0.319%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:32 a.m. EDT

This is a classic leveraged momentum play on a volatile underlying, not a fundamental investment. The 2x daily structure combined with the recent 65% surge in the underlying asset creates a dangerous feedback loop where small moves in the base stock result in double the movement here, amplified by daily rebalancing decay. While the short-term outlook is bullish due to the explosive recent price action and aggressive call buying, the long-term rating is neutral because the security has no price history beyond a single anchor point and zero dividend capability. The statistical forecasting model is explicitly unreliable, so we cannot trust its 16% directional prediction; instead, we rely on the visible options flow which screams 'bet on the upside.' However, investors must remember that leveraged ETFs are designed for holding only as long as the trend persists; any mean reversion in the underlying will cause this fund to bleed value rapidly.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.619071
AutoARIMA0.622244
MSTL0.646262
AutoTheta1.060392

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 25%
H-stat 5.88
Ljung-Box p 0.000
Jarque-Bera p 0.307
Excess Kurtosis -0.43

As of Aug. 22, 2026, 4:32 a.m. EDT: Speculators are positioning aggressively for a massive upside move, evidenced by heavy open interest walls at strikes significantly above current prices (e.g., 50, 65, 98) and a distinct lack of protective put volume relative to call volume. The implied volatility surface shows elevated premiums for deep out-of-the-money calls, suggesting a 'lottery ticket' mentality where traders are betting on a parabolic rally rather than hedging downside risk.


Info Dump

Attribute Value
All Time High 77.666664
All Time Low 3.22
Ask 32.83
Ask Size 2
Average Daily Volume10 Day 6,204,010
Average Daily Volume3 Month 6,138,236
Average Volume 6,138,236
Average Volume10Days 6,204,010
Beta3 Year 0.0
Bid 19.93
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 28.3219
Day Low 24.8301
Dividend Yield 0.0
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 32.1092
Fifty Day Average Change -7.0492
Fifty Day Average Change Percent -0.21953833
Fifty Two Week Change Percent 424.26776
Fifty Two Week High 77.666664
Fifty Two Week High Change -52.606667
Fifty Two Week High Change Percent -0.6773391
Fifty Two Week Low 4.321
Fifty Two Week Low Change 20.738998
Fifty Two Week Low Change Percent 4.799583
Fifty Two Week Range 4.321 - 77.666664
First Trade Date Milliseconds 1,741,357,800,000
Full Exchange Name NasdaqGM
Fullday Change -6.6400013
Fullday Change Percent -20.946377
Fullday Price 25.14
Fund Family Graniteshares
Fund Inception Date 1,741,219,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,025-03-07
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change the underlying stock by entering into financial instruments such as swaps and options underlying stock as well as directly purchasing the underlying stock. The fund is non-diversified.
Long Name GraniteShares 2x Long MRVL Daily ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1931399871
Nav Price 31.67
Net Assets 243,305,936.0
Net Expense Ratio 1.5
Open 27.165
Post Market Change 0.07999992
Post Market Change Percent 0.31923354
Post Market Price 25.14
Post Market Time 1,787,961,599
Previous Close 31.7
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -6.6400013
Regular Market Change Percent -20.946377
Regular Market Day High 28.3219
Regular Market Day Low 24.8301
Regular Market Day Range 24.8301 - 28.3219
Regular Market Open 27.165
Regular Market Previous Close 31.7
Regular Market Price 25.06
Regular Market Time 1,787,947,201
Regular Market Volume 10,583,400
Short Name GraniteShares 2x Long MRVL Dail
Source Interval 15
Symbol MVLL
Total Assets 243,305,936
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns -11.23383
Trailing Three Month Returns -11.23383
Triggerable 1
Two Hundred Day Average 19.47581
Two Hundred Day Average Change 5.5841904
Two Hundred Day Average Change Percent 0.28672445
Type Disp ETF
Volume 10,583,400
Yield 0.0
Ytd Return 184.09302