Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Short Interest Up 441.1% in July

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 639,614 shares, an increase of 441.1% from the June 30th total of 118,216 shares. Approximately 105.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,431,384 shares, the days-to-cover ratio is currently 0.4 days.

Tradr 2X Long QBTS Daily ETF Stock Up 32.3%

Shares of QBTX stock opened at $8.72 on Monday. The stock has a 50-day simple moving average of $14.99 and a 200 day simple moving average of $16.96. Tradr 2X Long QBTS Daily ETF has a fifty-two week low of $6.24 and a fifty-two week high of $513.56.

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

A hedge fund recently bought a new position in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC acquired a new position in Tradr 2X Long QBTS Daily ETF (BATS:QBTX) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 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 at the end of the most recent reporting period.

About Tradr 2X Long QBTS Daily ETF

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.