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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 8,037 shares, a decrease of 39.2% from the May 31st total of 13,212 shares. Based on an average daily volume of 54,512 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.5% of the company’s stock are short sold.

GraniteShares 2x Long AAPL Daily ETF Price Performance

Shares of AAPB traded up $0.70 during trading hours on Wednesday, reaching $34.70. The stock had a trading volume of 10,625 shares, compared to its average volume of 132,293. The firm has a 50-day simple moving average of $35.54 and a 200 day simple moving average of $31.71. GraniteShares 2x Long AAPL Daily ETF has a 12 month low of $19.23 and a 12 month high of $41.38.

Institutional Investors Weigh In On GraniteShares 2x Long AAPL Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Woodward Diversified Capital LLC bought a new position in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 6,767 shares of the company’s stock, valued at approximately $217,000. Woodward Diversified Capital LLC owned approximately 0.77% of GraniteShares 2x Long AAPL Daily ETF at the end of the most recent reporting period.

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.