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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 35,712 shares, a growth of 344.3% from the June 15th total of 8,037 shares. Based on an average daily volume of 53,970 shares, the short-interest ratio is currently 0.7 days. Currently, 6.6% of the shares of the stock are short sold.

GraniteShares 2x Long AAPL Daily ETF Stock Performance

Shares of GraniteShares 2x Long AAPL Daily ETF stock traded up $1.67 during trading hours on Monday, reaching $41.75. The company’s stock had a trading volume of 22,972 shares, compared to its average volume of 128,585. GraniteShares 2x Long AAPL Daily ETF has a one year low of $19.23 and a one year high of $42.00. The firm has a 50 day moving average price of $36.87 and a 200-day moving average price of $31.98.

Institutional Inflows and Outflows

A hedge fund recently raised its position in GraniteShares 2x Long AAPL Daily ETF stock. Optiver Holding B.V. boosted its holdings in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) by 433.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,533 shares of the company’s stock after acquiring an additional 15,872 shares during the quarter. Optiver Holding B.V. owned 3.69% of GraniteShares 2x Long AAPL Daily ETF worth $527,000 as of its most recent SEC filing.

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.