GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Trading Down 0.1% – Here’s Why

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL)’s stock price were down 0.1% during trading on Friday . The stock traded as low as $14.45 and last traded at $14.63. Approximately 289,251 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 480,116 shares. The stock had previously closed at $14.64.

GraniteShares 2x Long IONQ Daily ETF Stock Down 0.1%

The company’s fifty day simple moving average is $25.14 and its two-hundred day simple moving average is $50.67.

Institutional Trading of GraniteShares 2x Long IONQ Daily ETF

Several hedge funds have recently added to or reduced their stakes in the business. Group One Trading LLC acquired a new position in GraniteShares 2x Long IONQ Daily ETF in the fourth quarter valued at about $80,000. SBI Securities Co. Ltd. increased its holdings in shares of GraniteShares 2x Long IONQ Daily ETF by 374.9% in the fourth quarter. SBI Securities Co. Ltd. now owns 7,289 shares of the company’s stock worth $240,000 after acquiring an additional 5,754 shares in the last quarter. Finally, Susquehanna International Group LLP raised its position 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 worth $1,377,000 after purchasing an additional 10,077 shares during the period.

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.