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

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

Institutional Inflows and Outflows

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 shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 reporting period.

GraniteShares 2x Long AAPL Daily ETF Trading Down 0.1 %

NASDAQ AAPB opened at $30.05 on Thursday. The firm’s 50 day moving average is $28.71 and its 200-day moving average is $27.01. GraniteShares 2x Long AAPL Daily ETF has a 12-month low of $15.91 and a 12-month high of $31.90.

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.