GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Up 119.5% in January

Posted by Joseph Casey on Feb 14th, 2025

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Get Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 27,000 shares, an increase of 119.5% from the January 15th total of 12,300 shares. Based on an average trading volume of 146,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On GraniteShares 2x Long AAPL Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long AAPL Daily ETF stock. JPMorgan Chase & Co. bought a new stake in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,227 shares of the company’s stock, valued at approximately $41,000. JPMorgan Chase & Co. owned approximately 0.14% of GraniteShares 2x Long AAPL Daily ETF as of its most recent filing with the Securities & Exchange Commission.

GraniteShares 2x Long AAPL Daily ETF Price Performance

Shares of AAPB opened at $30.85 on Friday. The business’s 50 day moving average is $31.14 and its 200 day moving average is $29.31. GraniteShares 2x Long AAPL Daily ETF has a 12-month low of $15.91 and a 12-month high of $36.47.

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.