GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 469,152 shares, a growth of 183.1% from the September 30th total of 165,700 shares. Based on an average trading volume of 973,811 shares, the short-interest ratio is currently 0.5 days. Currently, 6.1% of the company’s shares are sold short.
GraniteShares 2x Long IONQ Daily ETF Trading Down 10.7%
Shares of IONL stock traded down $0.79 during trading on Friday, reaching $6.62. The company’s stock had a trading volume of 1,540,027 shares, compared to its average volume of 807,068. GraniteShares 2x Long IONQ Daily ETF has a 1-year low of $5.93 and a 1-year high of $77.75. The stock’s 50-day moving average price is $11.88 and its 200 day moving average price is $20.13.
Institutional Trading of GraniteShares 2x Long IONQ Daily ETF
A hedge fund recently raised its stake in GraniteShares 2x Long IONQ Daily ETF stock. SBI Securities Co. Ltd. grew its position in GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Free Report) by 61.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 60,280 shares of the company’s stock after acquiring an additional 22,876 shares during the period. SBI Securities Co. Ltd. owned 0.79% of GraniteShares 2x Long IONQ Daily ETF worth $915,000 as of its most recent filing with the SEC.
About GraniteShares 2x Long IONQ Daily ETF
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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