Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Rises By 304.3%

Posted by Linda Flegge on Apr 27th, 2024

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 19,000 shares, an increase of 304.3% from the March 31st total of 4,700 shares. Based on an average trading volume of 151,700 shares, the days-to-cover ratio is presently 0.1 days.

GraniteShares 2x Long AAPL Daily ETF Stock Performance

Shares of AAPB stock opened at $16.89 on Friday. The firm’s 50 day moving average price is $17.97 and its 200-day moving average price is $22.06. GraniteShares 2x Long AAPL Daily ETF has a one year low of $15.91 and a one year high of $30.16.

About GraniteShares 2x Long AAPL Daily ETF

(Get Free Report)

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.