Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Grows By 66.1%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 93,240 shares, a growth of 66.1% from the November 30th total of 56,143 shares. Approximately 10.6% of the shares of the stock are sold short. Based on an average daily volume of 71,630 shares, the short-interest ratio is presently 1.3 days. Based on an average daily volume of 71,630 shares, the short-interest ratio is presently 1.3 days. Approximately 10.6% of the shares of the stock are sold short.

GraniteShares 2x Long AAPL Daily ETF Stock Down 0.4%

NASDAQ:AAPB opened at $33.89 on Friday. GraniteShares 2x Long AAPL Daily ETF has a 52-week low of $14.50 and a 52-week high of $37.89. The stock has a fifty day simple moving average of $33.88 and a 200-day simple moving average of $27.51.

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

An institutional investor recently bought a new position in GraniteShares 2x Long AAPL Daily ETF stock. Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,648 shares of the company’s stock, valued at approximately $678,000. Optiver Holding B.V. owned approximately 2.57% of GraniteShares 2x Long AAPL Daily ETF as of its most recent filing with the Securities and Exchange Commission.

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.