GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Update
by Renee Jackson · The Cerbat GemGraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Get Free Report) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 13,212 shares, a decline of 89.7% from the May 14th total of 128,085 shares. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 46,853 shares, the short-interest ratio is currently 0.3 days.
GraniteShares 2x Long AAPL Daily ETF Trading Down 7.5%
NASDAQ AAPB traded down $2.80 on Tuesday, reaching $34.59. 116,373 shares of the stock traded hands, compared to its average volume of 143,459. The company has a fifty day moving average price of $33.46 and a 200-day moving average price of $31.74. GraniteShares 2x Long AAPL Daily ETF has a 12 month low of $18.31 and a 12 month high of $41.38.
Institutional Investors Weigh In On GraniteShares 2x Long AAPL Daily ETF
A hedge fund recently bought a new stake in GraniteShares 2x Long AAPL Daily ETF stock. Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 22,648 shares of the company’s stock, valued at approximately $678,000. Optiver Holding B.V. owned approximately 2.57% of GraniteShares 2x Long AAPL Daily ETF 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.