Tradr 2X Long TEM Daily ETF (BATS:TEMT) Sees Large Increase in Short Interest

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 58,875 shares, a growth of 86.5% from the September 30th total of 31,571 shares. Approximately 5.4% of the company’s stock are short sold. Based on an average daily volume of 405,115 shares, the days-to-cover ratio is currently 0.1 days.

Tradr 2X Long TEM Daily ETF Stock Down 0.0%

Shares of BATS:TEMT opened at $28.08 on Monday. Tradr 2X Long TEM Daily ETF has a twelve month low of $11.52 and a twelve month high of $112.02. The stock’s 50 day moving average is $29.52 and its 200-day moving average is $24.82.

About Tradr 2X Long TEM Daily ETF

Investment Managers Series Trust II – Tradr 2X Long TEM 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 comprehensive genetic testing 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.