GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Short Interest Up 90.4% in July

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

Hedge Funds Weigh In On GraniteShares 2x Long IONQ Daily ETF

A number of institutional investors have recently modified their holdings of the business. Group One Trading LLC purchased a new position in GraniteShares 2x Long IONQ Daily ETF during the 4th quarter worth $80,000. SBI Securities Co. Ltd. increased its stake in GraniteShares 2x Long IONQ Daily ETF by 374.9% in the fourth 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 period. Susquehanna International Group LLP raised its holdings in shares of GraniteShares 2x Long IONQ Daily ETF by 159.3% in the third 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 last quarter. Finally, Mirae Asset Securities USA Inc. purchased a new stake in shares of GraniteShares 2x Long IONQ Daily ETF in the first quarter valued at about $432,000.

GraniteShares 2x Long IONQ Daily ETF Trading Up 2.1%

IONL traded up $0.39 during trading on Monday, hitting $18.72. 275,235 shares of the stock were exchanged, compared to its average volume of 801,072. GraniteShares 2x Long IONQ Daily ETF has a 1-year low of $8.76 and a 1-year high of $148.84. The stock has a fifty day moving average price of $20.48 and a two-hundred day moving average price of $22.02.

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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