Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Grows By 194.8%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 28,600 shares, a growth of 194.8% from the November 15th total of 9,700 shares. Based on an average daily volume of 95,300 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 27,141 shares of the company’s stock, valued at approximately $688,000. Garden State Investment Advisory Services LLC owned about 2.32% of GraniteShares 2x Long AAPL Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long AAPL Daily ETF Stock Up 1.1 %

NASDAQ AAPB opened at $33.31 on Friday. GraniteShares 2x Long AAPL Daily ETF has a 52 week low of $15.91 and a 52 week high of $34.04. The stock’s 50-day moving average price is $29.45 and its 200-day moving average price is $27.81.

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.