Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Drops By 23.6%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBGet Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 38,900 shares, a decrease of 23.6% from the April 30th total of 50,900 shares. Based on an average daily trading volume, of 184,500 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long AAPL Daily ETF Trading Up 1.0 %

Shares of NASDAQ:AAPB opened at $21.32 on Friday. GraniteShares 2x Long AAPL Daily ETF has a 52-week low of $15.91 and a 52-week high of $30.16. The business’s 50 day simple moving average is $18.53 and its two-hundred day simple moving average is $21.41.

GraniteShares 2x Long AAPL Daily ETF Company Profile

(Get Free Report)

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.

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