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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 18,177 shares, a decline of 55.3% from the July 30th total of 40,664 shares. Based on an average daily trading volume, of 73,739 shares, the short-interest ratio is presently 0.2 days. Approximately 4.1% of the shares of the stock are sold short.

Institutional Trading of GraniteShares 2x Long AAPL Daily ETF

A hedge fund recently raised its position in GraniteShares 2x Long AAPL Daily ETF stock. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) by 433.5% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,533 shares of the company’s stock after acquiring an additional 15,872 shares during the period. Optiver Holding B.V. owned 3.69% of GraniteShares 2x Long AAPL Daily ETF worth $527,000 at the end of the most recent reporting period.

GraniteShares 2x Long AAPL Daily ETF Stock Performance

Shares of NASDAQ:AAPB traded up $1.22 during trading hours on Friday, hitting $40.40. 23,975 shares of the company’s stock traded hands, compared to its average volume of 117,777. GraniteShares 2x Long AAPL Daily ETF has a 52 week low of $23.81 and a 52 week high of $47.63. The company’s fifty day simple moving average is $39.15 and its two-hundred day simple moving average is $34.43.

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.