Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Sees Large Decrease in Short Interest

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 134,197 shares, a drop of 79.4% from the May 14th total of 650,581 shares. Based on an average daily volume of 4,611,604 shares, the short-interest ratio is presently 0.0 days. Currently, 22.2% of the company’s shares are short sold.

Tradr 2X Long QBTS Daily ETF Price Performance

QBTX stock opened at $15.18 on Thursday. Tradr 2X Long QBTS Daily ETF has a 52 week low of $6.24 and a 52 week high of $513.56. The firm’s fifty day moving average is $15.24 and its 200 day moving average is $22.40.

Hedge Funds Weigh In On Tradr 2X Long QBTS Daily ETF

An institutional investor recently bought a new position in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC bought a new stake in shares of Tradr 2X Long QBTS Daily ETF (BATS:QBTX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 22,904 shares of the company’s stock, valued at approximately $3,583,000. Jump Financial LLC owned about 1.61% of Tradr 2X Long QBTS Daily ETF as of its most recent filing with the Securities and Exchange Commission.

Tradr 2X Long QBTS Daily ETF Company Profile

Investment Managers Series Trust II – Tradr 2X Long QBTS Daily ETF is an exchange traded fund launched by Investment Managers Series Trust II. The fund is managed by AXS Investments LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services and computer software sectors. The fund uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.