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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBGet Free Report) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 21,100 shares, a decline of 40.9% from the June 30th total of 35,712 shares. Based on an average daily volume of 64,385 shares, the short-interest ratio is presently 0.3 days. Approximately 4.4% of the company’s stock are short sold.

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

A hedge fund recently raised its stake in GraniteShares 2x Long AAPL Daily ETF stock. Optiver Holding B.V. grew its holdings in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBFree Report) by 433.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,533 shares of the company’s stock after acquiring an additional 15,872 shares during the period. Optiver Holding B.V. owned about 3.69% of GraniteShares 2x Long AAPL Daily ETF worth $527,000 as of its most recent SEC filing.

GraniteShares 2x Long AAPL Daily ETF Stock Down 15.1%

AAPB opened at $37.84 on Friday. The company has a fifty day simple moving average of $39.01 and a 200 day simple moving average of $33.18. GraniteShares 2x Long AAPL Daily ETF has a twelve month low of $19.23 and a twelve month high of $47.63.

About GraniteShares 2x Long AAPL Daily ETF

(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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