No headlines found.
No press releases found.
No news found.
GraniteShares 2x Long BABA Daily ETF seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Alibaba Group Holding Limited, (NASDAQ BABA). The Fund is an actively managed exchange-traded fund that attempts to replicate 2 times (200%) the daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate 2 times the daily performance of the Underlying Stock for a single day. A "single day" is defined as being calculated "from the close of regular trading on one trading day to the close on the next trading day."
Graniteshares 2X Long Baba Daily ETF trades on the NASDAQ stock market under the symbol BABX.
As of January 30, 2026, BABX stock price declined to $46.76 with 1,009,830 million shares trading.
BABX has a beta of 1.63, meaning it tends to be more sensitive to market movements. BABX has a correlation of 0.08 to the broad based SPY ETF.
BABX has a market cap of $186.10 million. This is considered a Micro Cap stock.
In the last 3 years, BABX traded as high as $66.00 and as low as $11.85.
BABX has outperformed the market in the last year with a return of +126.7%, while the SPY ETF gained +16.2%. However, in the most recent history, BABX shares have underperformed the stock market with its stock returning -16.7% in the last 3 month period and -2.5% for the last 2 week period, while SPY has returned +1.0% and 0.0%, respectively.
BABX support price is $46.21 and resistance is $52.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BABX shares will trade within this expected range on the day.
