GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Up 60.9% in March

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 62,103 shares, a growth of 60.9% from the February 26th total of 38,605 shares. Based on an average daily trading volume, of 108,956 shares, the days-to-cover ratio is presently 0.6 days. Currently, 6.2% of the shares of the stock are sold short.

GraniteShares 2x Long AAPL Daily ETF Price Performance

Shares of NASDAQ:AAPB opened at $26.12 on Friday. GraniteShares 2x Long AAPL Daily ETF has a 12 month low of $14.50 and a 12 month high of $37.89. The company’s 50-day moving average price is $28.87 and its two-hundred day moving average price is $30.68.

Institutional Trading of 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. purchased a new stake in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 22,648 shares of the company’s stock, valued at approximately $678,000. Optiver Holding B.V. owned about 2.57% of GraniteShares 2x Long AAPL Daily ETF as of its most recent SEC filing.

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.