GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Short Interest Down 82.8% in March

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) was the target of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,700 shares, a decrease of 82.8% from the March 15th total of 27,400 shares. Based on an average daily volume of 123,200 shares, the days-to-cover ratio is currently 0.0 days.

GraniteShares 2x Long AAPL Daily ETF Stock Up 8.5 %

Shares of NASDAQ:AAPB opened at $18.17 on Friday. The firm’s 50 day moving average price is $18.99 and its 200 day moving average price is $22.59. GraniteShares 2x Long AAPL Daily ETF has a fifty-two week low of $16.62 and a fifty-two week high of $30.16.

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. Flow Traders U.S. LLC acquired a new position in shares of GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,803 shares of the company’s stock, valued at approximately $358,000. Flow Traders U.S. LLC owned approximately 22.58% of GraniteShares 2x Long AAPL Daily ETF 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.