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

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 2,367 shares, a decline of 78.3% from the September 30th total of 10,896 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 22,766 shares, the days-to-cover ratio is presently 0.1 days.

Tradr 2X Long Innovation 100 Monthly ETF Stock Performance

MQQQ stock traded down $6.40 during trading hours on Thursday, hitting $223.82. The company’s stock had a trading volume of 54,421 shares, compared to its average volume of 40,650. Tradr 2X Long Innovation 100 Monthly ETF has a 12 month low of $145.39 and a 12 month high of $255.64. The stock has a 50 day moving average price of $232.16 and a two-hundred day moving average price of $211.04.

Tradr 2X Long Innovation 100 Monthly ETF Company Profile

(Get Free Report)

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.

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