GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Short Interest Update

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONLGet Free Report) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 270,826 shares, a growth of 90.4% from the July 15th total of 142,239 shares. Based on an average daily trading volume, of 840,664 shares, the short-interest ratio is currently 0.3 days. Currently, 5.7% of the shares of the stock are short sold.

GraniteShares 2x Long IONQ Daily ETF Trading Up 6.4%

Shares of NASDAQ IONL traded up $1.11 during mid-day trading on Friday, hitting $18.33. 514,498 shares of the stock traded hands, compared to its average volume of 804,483. GraniteShares 2x Long IONQ Daily ETF has a twelve month low of $8.76 and a twelve month high of $148.84. The firm has a 50 day simple moving average of $20.48 and a two-hundred day simple moving average of $22.07.

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

A number of hedge funds have recently added to or reduced their stakes in IONL. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long IONQ Daily ETF during the first quarter valued at about $432,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long IONQ Daily ETF in the 4th quarter valued at about $80,000. SBI Securities Co. Ltd. increased its position in GraniteShares 2x Long IONQ Daily ETF by 374.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 7,289 shares of the company’s stock valued at $240,000 after buying an additional 5,754 shares in the last quarter. Finally, Susquehanna International Group LLP increased its position in GraniteShares 2x Long IONQ Daily ETF by 159.3% in the 3rd quarter. Susquehanna International Group LLP now owns 16,402 shares of the company’s stock valued at $1,377,000 after buying an additional 10,077 shares in the last quarter.

GraniteShares 2x Long IONQ Daily ETF Company Profile

(Get Free Report)

The Graniteshares ETF Trust – 2X Long IONQ Daily ETF (IONL) is an exchange-traded fund that trades on the NASDAQ exchange in the United States.

Further Reading

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