Short Interest in GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Rises By 38.0%

by · The Markets Daily

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Get Free Report) was the recipient of a significant increase in short interest in 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 short-interest ratio is presently 0.4 days. Currently, 10.9% of the shares of the stock are sold short. Currently, 10.9% of the shares of the stock are sold short. Based on an average daily volume of 233,681 shares, the short-interest ratio is presently 0.4 days.

GraniteShares 2x Long IONQ Daily ETF Stock Performance

NASDAQ IONL traded up $0.16 on Tuesday, reaching $33.72. 277,435 shares of the stock traded hands, compared to its average volume of 177,361. GraniteShares 2x Long IONQ Daily ETF has a 12 month low of $12.70 and a 12 month high of $148.84. The firm’s fifty day simple moving average is $49.70 and its 200 day simple moving average is $57.81.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GraniteShares 2x Long IONQ Daily ETF stock. Susquehanna International Group LLP raised its holdings in GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Free Report) by 159.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,402 shares of the company’s stock after acquiring an additional 10,077 shares during the quarter. Susquehanna International Group LLP owned 2.10% of GraniteShares 2x Long IONQ Daily ETF worth $1,377,000 as of its most recent filing with the Securities and Exchange Commission.

GraniteShares 2x Long IONQ Daily ETF Company Profile

(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.

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