GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Sees Significant Increase in Short Interest

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONLGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 207,698 shares, an increase of 576.6% from the May 31st total of 30,698 shares. Based on an average daily trading volume, of 706,941 shares, the days-to-cover ratio is presently 0.3 days. Currently, 5.5% of the shares of the stock are short sold.

GraniteShares 2x Long IONQ Daily ETF Trading Up 4.7%

Shares of GraniteShares 2x Long IONQ Daily ETF stock traded up $1.15 during midday trading on Friday, hitting $25.80. 366,018 shares of the company traded hands, compared to its average volume of 831,337. GraniteShares 2x Long IONQ Daily ETF has a 12 month low of $8.76 and a 12 month high of $148.84. The firm’s fifty day moving average price is $32.98 and its 200-day moving average price is $28.03.

Institutional Trading of GraniteShares 2x Long IONQ Daily ETF

Several institutional investors have recently made changes to their positions in IONL. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long IONQ Daily ETF in the 1st quarter worth approximately $432,000. Susquehanna International Group LLP grew its stake 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 worth $1,377,000 after purchasing an additional 10,077 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in GraniteShares 2x Long IONQ Daily ETF by 374.9% during the 4th quarter. SBI Securities Co. Ltd. now owns 7,289 shares of the company’s stock valued at $240,000 after acquiring an additional 5,754 shares in the last quarter. Finally, Group One Trading LLC purchased a new stake in shares of GraniteShares 2x Long IONQ Daily ETF in the 4th quarter worth approximately $80,000.

About GraniteShares 2x Long IONQ Daily ETF

(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.

Featured Articles

Receive News & Ratings for GraniteShares 2x Long IONQ Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long IONQ Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.