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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the recipient of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 19,500 shares, a drop of 41.6% from the February 13th total of 33,400 shares. Currently, 2.3% of the shares of the company are short sold. Based on an average daily trading volume, of 169,000 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long AAPL Daily ETF Stock Up 3.3 %

NASDAQ:AAPB opened at $23.74 on Friday. The stock’s 50-day simple moving average is $29.21 and its 200 day simple moving average is $29.64. GraniteShares 2x Long AAPL Daily ETF has a twelve month low of $15.91 and a twelve month high of $36.47.

Institutional Trading of GraniteShares 2x Long AAPL Daily ETF

Several large investors have recently bought and sold shares of AAPB. Jane Street Group LLC bought a new position in GraniteShares 2x Long AAPL Daily ETF in the fourth quarter valued at about $812,000. Optiver Holding B.V. raised its position in GraniteShares 2x Long AAPL Daily ETF by 398.6% in the fourth quarter. Optiver Holding B.V. now owns 43,367 shares of the company’s stock valued at $1,465,000 after purchasing an additional 34,670 shares during the last quarter. JPMorgan Chase & Co. bought a new position in GraniteShares 2x Long AAPL Daily ETF in the fourth quarter valued at about $41,000. Finally, Hollencrest Capital Management bought a new position in GraniteShares 2x Long AAPL Daily ETF in the fourth quarter valued at about $68,000.

GraniteShares 2x Long AAPL Daily ETF Company Profile

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.