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

Posted by Micah Haroldson on May 30th, 2026

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Get Free Report) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 28,319 shares, a decrease of 83.2% from the April 30th total of 168,184 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,508,274 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of GraniteShares 2x Long IONQ Daily ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. SBI Securities Co. Ltd. boosted its stake in GraniteShares 2x Long IONQ Daily ETF by 118.3% in the third quarter. SBI Securities Co. Ltd. now owns 1,535 shares of the company’s stock worth $129,000 after buying an additional 832 shares in the last quarter. Group One Trading LLC purchased a new stake in GraniteShares 2x Long IONQ Daily ETF in the fourth quarter worth approximately $80,000. Susquehanna International Group LLP boosted its stake in shares of GraniteShares 2x Long IONQ Daily ETF by 159.3% during the third quarter. Susquehanna International Group LLP now owns 16,402 shares of the company’s stock valued at $1,377,000 after purchasing 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 during the first quarter valued at approximately $432,000.

GraniteShares 2x Long IONQ Daily ETF Stock Up 5.2%

IONL traded up $2.73 during midday trading on Friday, hitting $54.88. The stock had a trading volume of 531,794 shares, compared to its average volume of 855,113. The business has a fifty day moving average of $23.91 and a 200 day moving average of $29.10. GraniteShares 2x Long IONQ Daily ETF has a 1 year low of $8.76 and a 1 year high of $148.84.