Short Interest in Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Increases By 22.9%

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,068 shares, an increase of 22.9% from the February 26th total of 869 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average trading volume of 2,855 shares, the days-to-cover ratio is currently 0.4 days.

Tradr 2X Long Innovation 100 Quarterly ETF Trading Up 7.6%

QQQP stock traded up $10.74 during mid-day trading on Tuesday, hitting $151.78. 24,457 shares of the company were exchanged, compared to its average volume of 2,470. The business has a 50 day simple moving average of $167.96 and a 200-day simple moving average of $172.89. Tradr 2X Long Innovation 100 Quarterly ETF has a 1-year low of $82.50 and a 1-year high of $190.01.

Tradr 2X Long Innovation 100 Quarterly ETF Company Profile

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.