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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 36,200 shares, a growth of 85.6% from the February 28th total of 19,500 shares. Currently, 4.2% of the shares of the company are short sold. Based on an average trading volume of 180,300 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long AAPL Daily ETF Trading Down 5.5 %

Shares of AAPB stock opened at $24.63 on Friday. The business’s 50 day moving average is $28.12 and its two-hundred day moving average is $29.40. GraniteShares 2x Long AAPL Daily ETF has a twelve month low of $15.91 and a twelve month high of $36.48.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Optiver Holding B.V. raised its position in GraniteShares 2x Long AAPL Daily ETF by 398.6% during the 4th quarter. Optiver Holding B.V. now owns 43,367 shares of the company’s stock worth $1,465,000 after buying an additional 34,670 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long AAPL Daily ETF during the fourth quarter worth about $812,000. Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long AAPL Daily ETF during the fourth quarter worth about $68,000. Finally, JPMorgan Chase & Co. purchased a new position in GraniteShares 2x Long AAPL Daily ETF during the fourth quarter worth about $41,000.

About GraniteShares 2x Long AAPL Daily ETF

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.