Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) Short Interest Down 34.3% in January

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 1,070 shares, a decline of 34.3% from the December 31st total of 1,628 shares. Based on an average daily volume of 1,037 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.3% of the company’s stock are sold short. Approximately 1.3% of the company’s stock are sold short. Based on an average daily volume of 1,037 shares, the days-to-cover ratio is presently 1.0 days.

Tradr 2X Long SPY Quarterly ETF Stock Performance

Shares of SPYQ stock opened at $165.66 on Friday. Tradr 2X Long SPY Quarterly ETF has a 52 week low of $83.15 and a 52 week high of $167.84. The company’s 50 day moving average price is $163.65 and its two-hundred day moving average price is $155.92.

Tradr 2X Long SPY Quarterly ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.2711 per share. This represents a dividend yield of 16.0%. The ex-dividend date was Tuesday, December 23rd.

Tradr 2X Long SPY Quarterly ETF Company Profile

The Tradr 2X Long SPY Quarterly ETF (SPYQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the SPDR S&P 500 ETFs (ticker: SPY-US) quarterly price returns through swap agreements with major global financial institutions. SPYQ was launched on Sep 30, 2024 and is issued by Tradr.