GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Update

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 44,300 shares, an increase of 24.8% from the October 15th total of 35,500 shares. Based on an average trading volume of 107,700 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GraniteShares 2x Long AAPL Daily ETF stock. Garden State Investment Advisory Services LLC acquired a new stake in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,141 shares of the company’s stock, valued at approximately $688,000. Garden State Investment Advisory Services LLC owned approximately 2.32% of GraniteShares 2x Long AAPL Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long AAPL Daily ETF Trading Up 2.5 %

NASDAQ:AAPB opened at $28.41 on Friday. The stock has a fifty day simple moving average of $28.36 and a 200-day simple moving average of $26.30. GraniteShares 2x Long AAPL Daily ETF has a twelve month low of $15.91 and a twelve month high of $31.90.

GraniteShares 2x Long AAPL Daily ETF Company Profile

The GraniteShares 1.75x Long AAPL Daily ETF (AAPB) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPB was launched on Aug 9, 2022 and is managed by GraniteShares.