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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 42,442 shares, a drop of 19.7% from the January 29th total of 52,885 shares. Based on an average daily volume of 264,610 shares, the days-to-cover ratio is presently 0.2 days. Currently, 4.2% of the shares of the company are sold short. Currently, 4.2% of the shares of the company are sold short. Based on an average daily volume of 264,610 shares, the days-to-cover ratio is presently 0.2 days.

GraniteShares 2x Long AAPL Daily ETF Price Performance

NASDAQ:AAPB opened at $29.21 on Thursday. The stock has a 50-day simple moving average of $30.05 and a two-hundred day simple moving average of $30.48. GraniteShares 2x Long AAPL Daily ETF has a 52-week low of $14.50 and a 52-week high of $37.89.

GraniteShares 2x Long AAPL Daily ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $1.4092 dividend. This represents a c) annualized dividend and a yield of 57.9%. The ex-dividend date of this dividend was Monday, December 29th.

Hedge Funds Weigh In On GraniteShares 2x Long AAPL Daily ETF

Several large investors have recently added to or reduced their stakes in AAPB. Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long AAPL Daily ETF in the third quarter worth approximately $678,000. Simplex Trading LLC purchased a new position in shares of GraniteShares 2x Long AAPL Daily ETF during the 2nd quarter valued at $26,000. Finally, Woodward Diversified Capital LLC bought a new position in GraniteShares 2x Long AAPL Daily ETF in the 4th quarter worth $217,000.

About GraniteShares 2x Long AAPL Daily ETF

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.