Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Decreases By 78.1%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large decline in short interest in November. As of November 15th, there was short interest totalling 9,700 shares, a decline of 78.1% from the October 31st total of 44,300 shares. Based on an average daily volume of 105,100 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long AAPL Daily ETF Stock Down 0.1 %

AAPB opened at $30.05 on Thursday. The firm’s 50-day simple moving average is $28.71 and its 200-day simple moving average is $27.01. GraniteShares 2x Long AAPL Daily ETF has a twelve month low of $15.91 and a twelve month high of $31.90.

Institutional Trading of GraniteShares 2x Long AAPL Daily ETF

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