GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX) Sees Significant Drop in Short Interest

Posted by Dante Gardener on May 17th, 2026

GraniteShares 2x Long BABA Daily ETF (NASDAQ:BABX – Get Free Report) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,056,641 shares, a decrease of 39.0% from the April 15th total of 1,732,045 shares. Approximately 23.9% of the company’s stock are sold short. Based on an average daily trading volume, of 648,174 shares, the days-to-cover ratio is currently 1.6 days.

GraniteShares 2x Long BABA Daily ETF Stock Down 12.1%

Shares of NASDAQ:BABX traded down $3.66 during trading on Friday, reaching $26.55. The stock had a trading volume of 1,069,286 shares, compared to its average volume of 896,210. GraniteShares 2x Long BABA Daily ETF has a one year low of $20.68 and a one year high of $66.00. The firm’s 50-day simple moving average is $27.10 and its 200 day simple moving average is $36.95.

Institutional Trading of GraniteShares 2x Long BABA Daily ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BABX. SBI Securities Co. Ltd. raised its stake in GraniteShares 2x Long BABA Daily ETF by 98.2% in the third quarter. SBI Securities Co. Ltd. now owns 1,084 shares of the company’s stock valued at $62,000 after buying an additional 537 shares during the last quarter. Tower Research Capital LLC TRC purchased a new stake in GraniteShares 2x Long BABA Daily ETF in the second quarter valued at about $69,000. Simplex Trading LLC purchased a new stake in GraniteShares 2x Long BABA Daily ETF in the fourth quarter valued at about $87,000. IFP Advisors Inc purchased a new stake in GraniteShares 2x Long BABA Daily ETF in the third quarter valued at about $114,000. Finally, Scientech Research LLC purchased a new stake in GraniteShares 2x Long BABA Daily ETF in the third quarter valued at about $213,000.

About GraniteShares 2x Long BABA Daily ETF

(Get Free Report)

The GraniteShares 1.75x Long BABA Daily ETF (BABX) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Alibaba Group Holding Limited stock. BABX was launched on Dec 13, 2022 and is managed by GraniteShares.