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

Posted by Paula Ricardo on Dec 30th, 2024

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Get Free Report) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 19,500 shares, a decline of 31.8% from the November 30th total of 28,600 shares. Based on an average daily trading volume, of 86,500 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long AAPL Daily ETF Stock Down 3.5 %

NASDAQ:AAPB traded down $1.25 on Monday, reaching $33.99. 51,962 shares of the company’s stock were exchanged, compared to its average volume of 141,275. The business has a fifty day moving average of $30.72 and a 200-day moving average of $28.87. GraniteShares 2x Long AAPL Daily ETF has a 52-week low of $15.91 and a 52-week high of $36.47.

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. Garden State Investment Advisory Services LLC acquired a new position in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 27,141 shares of the company’s stock, valued at approximately $688,000. Garden State Investment Advisory Services LLC owned about 2.32% of GraniteShares 2x Long AAPL Daily ETF at the end of the most recent quarter.

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.