GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Get Free Report) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 8,037 shares, a decrease of 39.2% from the May 31st total of 13,212 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average trading volume of 54,512 shares, the short-interest ratio is currently 0.1 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Woodward Diversified Capital LLC bought a new stake in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,767 shares of the company’s stock, valued at approximately $217,000. Woodward Diversified Capital LLC owned about 0.77% of GraniteShares 2x Long AAPL Daily ETF as of its most recent SEC filing.
GraniteShares 2x Long AAPL Daily ETF Stock Up 9.6%
AAPB opened at $38.53 on Friday. GraniteShares 2x Long AAPL Daily ETF has a 52-week low of $19.23 and a 52-week high of $41.38. The firm’s fifty day simple moving average is $35.80 and its two-hundred day simple moving average is $31.74.
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.
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