Short Interest in GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPB) Increases By 725.8%

GraniteShares 2x Long AAPL Daily ETF (NASDAQ:AAPBGet Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 128,192 shares, a growth of 725.8% from the December 31st total of 15,523 shares. Based on an average daily volume of 154,501 shares, the short-interest ratio is currently 0.8 days. Approximately 12.1% of the company’s stock are short sold. Approximately 12.1% of the company’s stock are short sold. Based on an average daily volume of 154,501 shares, the short-interest ratio is currently 0.8 days.

GraniteShares 2x Long AAPL Daily ETF Stock Up 2.2%

AAPB stock traded up $0.61 during midday trading on Tuesday, reaching $28.65. The company had a trading volume of 397,057 shares, compared to its average volume of 197,055. The company has a 50 day moving average of $32.28 and a two-hundred day moving average of $29.01. GraniteShares 2x Long AAPL Daily ETF has a 1 year low of $14.50 and a 1 year high of $37.89.

GraniteShares 2x Long AAPL Daily ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were given a dividend of $1.4092 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 59.0%.

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

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

About GraniteShares 2x Long AAPL Daily ETF

(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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