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 June. As of June 30th, there was short interest totaling 35,712 shares, an increase of 344.3% from the June 15th total of 8,037 shares. Based on an average daily trading volume, of 53,970 shares, the short-interest ratio is currently 0.7 days. Approximately 6.6% of the company’s stock are sold short.

GraniteShares 2x Long AAPL Daily ETF Price Performance

NASDAQ AAPB opened at $40.55 on Tuesday. GraniteShares 2x Long AAPL Daily ETF has a 12 month low of $19.23 and a 12 month high of $42.00. The stock’s fifty day moving average price is $37.07 and its 200-day moving average price is $32.03.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Woodward Diversified Capital LLC bought a new position in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,767 shares of the company’s stock, valued at approximately $217,000. Woodward Diversified Capital LLC owned approximately 0.77% of GraniteShares 2x Long AAPL Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.