GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Get Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 142,239 shares, an increase of 106.9% from the June 30th total of 68,758 shares. Currently, 3.7% of the company’s shares are sold short. Based on an average daily trading volume, of 548,489 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On GraniteShares 2x Long IONQ Daily ETF
Hedge funds have recently modified their holdings of the company. Group One Trading LLC acquired a new stake in GraniteShares 2x Long IONQ Daily ETF during the fourth quarter worth about $80,000. SBI Securities Co. Ltd. boosted its holdings 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 purchasing an additional 5,754 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of 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 during the period. Finally, Mirae Asset Securities USA Inc. purchased a new stake in shares of GraniteShares 2x Long IONQ Daily ETF in the 1st quarter valued at approximately $432,000.
GraniteShares 2x Long IONQ Daily ETF Stock Up 22.8%
Shares of IONL traded up $2.09 during midday trading on Thursday, reaching $11.27. The company had a trading volume of 804,423 shares, compared to its average volume of 811,819. GraniteShares 2x Long IONQ Daily ETF has a 1-year low of $8.76 and a 1-year high of $148.84. The firm has a 50 day simple moving average of $27.82 and a 200-day simple moving average of $23.99.
GraniteShares 2x Long IONQ Daily ETF Company Profile
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.
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