Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Decreases By 58.7%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 52,885 shares, a drop of 58.7% from the January 15th total of 128,192 shares. Based on an average daily volume of 321,868 shares, the short-interest ratio is presently 0.2 days. Approximately 5.3% of the shares of the stock are sold short. Approximately 5.3% of the shares of the stock are sold short. Based on an average daily volume of 321,868 shares, the short-interest ratio is presently 0.2 days.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Simplex Trading LLC acquired a new position in GraniteShares 2x Long AAPL Daily ETF during the 2nd quarter worth approximately $26,000. Woodward Diversified Capital LLC bought a new stake in shares of GraniteShares 2x Long AAPL Daily ETF during the fourth quarter worth $217,000. Finally, Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long AAPL Daily ETF during the third quarter worth $678,000.

GraniteShares 2x Long AAPL Daily ETF Stock Performance

Shares of AAPB stock opened at $32.58 on Thursday. GraniteShares 2x Long AAPL Daily ETF has a twelve month low of $14.50 and a twelve month high of $37.89. The business has a fifty day simple moving average of $31.46 and a 200 day simple moving average of $29.72.

GraniteShares 2x Long AAPL Daily ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were paid a dividend of $1.4092 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) annualized dividend and a yield of 51.9%.

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.