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

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 85,327 shares, an increase of 38.0% from the November 30th total of 61,810 shares. Based on an average daily volume of 233,681 shares, the days-to-cover ratio is presently 0.4 days. Approximately 10.9% of the company’s stock are short sold. Approximately 10.9% of the company’s stock are short sold. Based on an average daily volume of 233,681 shares, the days-to-cover ratio is presently 0.4 days.

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

A hedge fund recently bought a new stake in GraniteShares 2x Long IONQ Daily ETF stock. SBI Securities Co. Ltd. purchased a new position in shares of GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 703 shares of the company’s stock, valued at approximately $35,000. SBI Securities Co. Ltd. owned 0.20% of GraniteShares 2x Long IONQ Daily ETF as of its most recent filing with the SEC.

GraniteShares 2x Long IONQ Daily ETF Trading Down 2.3%

NASDAQ:IONL traded down $0.77 on Thursday, hitting $32.95. The stock had a trading volume of 180,961 shares, compared to its average volume of 177,380. GraniteShares 2x Long IONQ Daily ETF has a 1 year low of $12.70 and a 1 year high of $148.84. The firm’s fifty day simple moving average is $48.35 and its two-hundred day simple moving average is $57.60.

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.