Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Expands By 725.8%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBGet Free Report) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 128,192 shares, a growth of 725.8% from the December 31st total of 15,523 shares. Based on an average daily trading volume, of 154,501 shares, the short-interest ratio is presently 0.8 days. Approximately 12.1% of the company’s shares are sold short. Approximately 12.1% of the company’s shares are sold short. Based on an average daily trading volume, of 154,501 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On GraniteShares 2x Long AAPL Daily ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Simplex Trading LLC purchased a new stake in GraniteShares 2x Long AAPL Daily ETF in the second quarter worth about $26,000. Woodward Diversified Capital LLC purchased a new position in shares of GraniteShares 2x Long AAPL Daily ETF during the 4th quarter worth approximately $217,000. Finally, Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long AAPL Daily ETF in the 3rd quarter worth approximately $678,000.

GraniteShares 2x Long AAPL Daily ETF Stock Down 1.4%

Shares of AAPB stock opened at $28.25 on Thursday. The stock has a fifty day moving average of $32.19 and a 200 day moving average of $29.01. GraniteShares 2x Long AAPL Daily ETF has a 52 week low of $14.50 and a 52 week high of $37.89.

GraniteShares 2x Long AAPL Daily ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were given a $1.4092 dividend. This represents a c) annualized dividend and a dividend yield of 59.9%. The ex-dividend date of this dividend was Monday, December 29th.

GraniteShares 2x Long AAPL Daily ETF Company Profile

(Get Free Report)

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.

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