Short Interest in Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Grows By 176.4%

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 1,172 shares, a growth of 176.4% from the June 15th total of 424 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 951 shares, the days-to-cover ratio is currently 1.2 days.

Tradr 2X Long Innovation 100 Quarterly ETF Trading Down 2.2%

Tradr 2X Long Innovation 100 Quarterly ETF stock opened at $220.76 on Tuesday. Tradr 2X Long Innovation 100 Quarterly ETF has a 12 month low of $139.75 and a 12 month high of $239.80. The business’s 50 day simple moving average is $223.46 and its 200 day simple moving average is $190.46.

About Tradr 2X Long Innovation 100 Quarterly ETF

The Tradr 2X Long Triple Q Quarterly ETF (QQQP) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the Invesco QQQ Trusts (ticker: QQQ-US) quarterly price returns through swap agreements with major global financial institutions. QQQP was launched on Sep 30, 2024 and is issued by Tradr.