GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Down 58.7% in January

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 52,885 shares, a decline of 58.7% from the January 15th total of 128,192 shares. Currently, 5.3% of the company’s shares are short sold. Based on an average daily trading volume, of 321,868 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 321,868 shares, the short-interest ratio is currently 0.2 days. Currently, 5.3% of the company’s shares are short sold.

GraniteShares 2x Long AAPL Daily ETF Trading Up 1.5%

Shares of GraniteShares 2x Long AAPL Daily ETF stock opened at $32.58 on Thursday. The business has a 50-day moving average price of $31.46 and a two-hundred day moving average price of $29.72. GraniteShares 2x Long AAPL Daily ETF has a 1-year low of $14.50 and a 1-year high of $37.89.

GraniteShares 2x Long AAPL Daily ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a $1.4092 dividend. The ex-dividend date was Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 51.9%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Simplex Trading LLC acquired a new stake in GraniteShares 2x Long AAPL Daily ETF in the second quarter valued at approximately $26,000. Woodward Diversified Capital LLC bought a new position in shares of GraniteShares 2x Long AAPL Daily ETF in the 4th quarter worth $217,000. Finally, Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long AAPL Daily ETF in the 3rd quarter worth $678,000.

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.