Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Increases By 60.9%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 62,103 shares, an increase of 60.9% from the February 26th total of 38,605 shares. Currently, 6.2% of the company’s stock are short sold. Based on an average trading volume of 108,956 shares, the days-to-cover ratio is presently 0.6 days.

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

An institutional investor recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Woodward Diversified Capital LLC bought a new stake in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,767 shares of the company’s stock, valued at approximately $217,000. Woodward Diversified Capital LLC owned about 0.77% of GraniteShares 2x Long AAPL Daily ETF as of its most recent filing with the Securities and Exchange Commission.

GraniteShares 2x Long AAPL Daily ETF Stock Up 1.8%

GraniteShares 2x Long AAPL Daily ETF stock traded up $0.48 during trading on Friday, reaching $27.41. The stock had a trading volume of 33,172 shares, compared to its average volume of 177,446. GraniteShares 2x Long AAPL Daily ETF has a 52-week low of $14.50 and a 52-week high of $37.89. The business has a 50 day moving average price of $28.91 and a 200 day moving average price of $30.68.

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.