GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Down 40.9% in July

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 21,100 shares, a decline of 40.9% from the June 30th total of 35,712 shares. Based on an average daily volume of 64,385 shares, the days-to-cover ratio is currently 0.3 days. Currently, 4.4% of the company’s stock are short sold.

GraniteShares 2x Long AAPL Daily ETF Stock Performance

AAPB opened at $45.73 on Thursday. The stock has a fifty day moving average of $38.93 and a 200-day moving average of $33.04. GraniteShares 2x Long AAPL Daily ETF has a 12-month low of $19.23 and a 12-month high of $47.63.

Institutional Investors Weigh In On GraniteShares 2x Long AAPL Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long AAPL Daily ETF stock. Optiver Holding B.V. boosted its holdings in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) by 433.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,533 shares of the company’s stock after acquiring an additional 15,872 shares during the quarter. Optiver Holding B.V. owned 3.69% of GraniteShares 2x Long AAPL Daily ETF worth $527,000 at the end of the most recent quarter.

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.