Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Sees Large Increase in Short Interest

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 15,611 shares, an increase of 226.3% from the April 15th total of 4,784 shares. Based on an average trading volume of 25,374 shares, the short-interest ratio is presently 0.6 days. Approximately 2.0% of the shares of the company are sold short.

Tradr 2X Long Innovation 100 Monthly ETF Price Performance

MQQQ traded up $3.05 on Thursday, reaching $237.17. The company had a trading volume of 10,544 shares, compared to its average volume of 18,952. Tradr 2X Long Innovation 100 Monthly ETF has a 1 year low of $132.00 and a 1 year high of $238.40. The stock has a 50-day moving average price of $184.33 and a 200-day moving average price of $184.03.

About Tradr 2X Long Innovation 100 Monthly ETF

The Tradr 2X Long Triple Q Monthly ETF (MQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the Invesco QQQ Trust (ticker: QQQ-US) through swap agreements with major global financial institutions. MQQQ was launched on Sep 3, 2024 and is issued by Tradr.