GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL) Stock Falls 19.1% – Here’s What Happened

GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Get Free Report) shares fell 19.1% during mid-day trading on Wednesday. The company traded as low as $7.32 and last traded at $7.51. Approximately 2,111,209 shares traded hands during trading, an increase of 166% from the average session volume of 792,881 shares. The stock had previously closed at $9.28.

GraniteShares 2x Long IONQ Daily ETF Price Performance

The business’s fifty day simple moving average is $13.71 and its 200 day simple moving average is $20.71.

Institutional Trading of GraniteShares 2x Long IONQ Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long IONQ Daily ETF stock. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long IONQ Daily ETF (NASDAQ:IONL – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 40,000 shares of the company’s stock, valued at approximately $432,000. Mirae Asset Securities USA Inc. owned approximately 1.06% of GraniteShares 2x Long IONQ Daily ETF at the end of the most recent reporting period.

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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