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

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 270,826 shares, a growth of 90.4% from the July 15th total of 142,239 shares. Currently, 5.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 840,664 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Susquehanna International Group LLP grew its position 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 purchasing an additional 10,077 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in GraniteShares 2x Long IONQ Daily ETF by 374.9% during the fourth quarter. SBI Securities Co. Ltd. now owns 7,289 shares of the company’s stock worth $240,000 after buying an additional 5,754 shares in the last quarter. Group One Trading LLC purchased a new position in GraniteShares 2x Long IONQ Daily ETF during the fourth quarter worth approximately $80,000. Finally, Mirae Asset Securities USA Inc. purchased a new position in GraniteShares 2x Long IONQ Daily ETF during the first quarter worth approximately $432,000.

GraniteShares 2x Long IONQ Daily ETF Stock Performance

IONL opened at $18.72 on Tuesday. GraniteShares 2x Long IONQ Daily ETF has a twelve month low of $8.76 and a twelve month high of $148.84. The firm’s 50-day moving average price is $20.06 and its 200 day moving average price is $21.92.

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.