Tradr 2X Long TEM Daily ETF (BATS:TEMT) Short Interest Up 89.7% in May

Tradr 2X Long TEM Daily ETF (BATS:TEMTGet Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 157,897 shares, a growth of 89.7% from the April 30th total of 83,227 shares. Based on an average daily volume of 340,720 shares, the days-to-cover ratio is currently 0.5 days. Currently, 14.5% of the company’s stock are sold short.

Tradr 2X Long TEM Daily ETF Price Performance

TEMT stock traded down $2.09 during mid-day trading on Wednesday, reaching $17.27. The company had a trading volume of 249,668 shares, compared to its average volume of 298,580. The firm has a fifty day simple moving average of $19.90 and a 200 day simple moving average of $35.59. Tradr 2X Long TEM Daily ETF has a fifty-two week low of $14.50 and a fifty-two week high of $152.22.

About Tradr 2X Long TEM Daily ETF

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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.

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