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

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 8,037 shares, a decline of 39.2% from the May 31st total of 13,212 shares. Based on an average daily volume of 54,512 shares, the short-interest ratio is presently 0.1 days. Approximately 1.5% of the company’s stock are sold short.

GraniteShares 2x Long AAPL Daily ETF Price Performance

Shares of AAPB stock traded up $0.70 on Wednesday, reaching $34.70. 10,625 shares of the company were exchanged, compared to its average volume of 132,293. The company has a 50-day moving average of $35.54 and a 200-day moving average of $31.71. GraniteShares 2x Long AAPL Daily ETF has a one year low of $19.23 and a one year high of $41.38.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Woodward Diversified Capital LLC purchased a new position in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,767 shares of the company’s stock, valued at approximately $217,000. Woodward Diversified Capital LLC owned approximately 0.77% of GraniteShares 2x Long AAPL Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.