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

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 4,724 shares, a drop of 93.1% from the July 15th total of 68,087 shares. Based on an average daily volume of 28,952 shares, the short-interest ratio is currently 0.2 days. Currently, 0.5% of the company’s shares are sold short.

Tradr 2X Long Innovation 100 Monthly ETF Stock Down 0.6%

Shares of Tradr 2X Long Innovation 100 Monthly ETF stock traded down $1.48 during trading on Tuesday, reaching $229.71. 209,587 shares of the company were exchanged, compared to its average volume of 40,637. The business has a 50-day moving average price of $229.17 and a 200-day moving average price of $203.93. Tradr 2X Long Innovation 100 Monthly ETF has a twelve month low of $145.39 and a twelve month high of $253.87.

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.