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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 28,600 shares, a growth of 194.8% from the November 15th total of 9,700 shares. Based on an average daily volume of 95,300 shares, the short-interest ratio is currently 0.3 days.

GraniteShares 2x Long AAPL Daily ETF Trading Up 1.1 %

Shares of AAPB stock opened at $33.31 on Friday. GraniteShares 2x Long AAPL Daily ETF has a fifty-two week low of $15.91 and a fifty-two week high of $34.04. The stock has a 50 day moving average price of $29.45 and a two-hundred day moving average price of $27.81.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GraniteShares 2x Long AAPL Daily ETF stock. Garden State Investment Advisory Services LLC bought a new stake in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,141 shares of the company’s stock, valued at approximately $688,000. Garden State Investment Advisory Services LLC owned 2.32% of GraniteShares 2x Long AAPL Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.