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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the recipient of a significant 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 Up 1.0 %

NASDAQ AAPB traded up $0.17 during mid-day trading on Thursday, reaching $17.03. 125,126 shares of the stock were exchanged, compared to its average volume of 132,773. GraniteShares 2x Long AAPL Daily ETF has a 1-year low of $15.91 and a 1-year high of $30.16. The business’s fifty day simple moving average is $18.11 and its 200 day simple moving average is $22.15.

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.