Short Interest in Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Increases By 176.4%

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP – Get Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,172 shares, an increase of 176.4% from the June 15th total of 424 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 951 shares, the days-to-cover ratio is presently 1.2 days.

Tradr 2X Long Innovation 100 Quarterly ETF Trading Down 0.1%

Shares of NASDAQ:QQQP traded down $0.26 during trading on Wednesday, hitting $222.06. 3,050 shares of the company’s stock traded hands, compared to its average volume of 2,164. The company has a 50-day moving average price of $223.78 and a 200-day moving average price of $190.75. Tradr 2X Long Innovation 100 Quarterly ETF has a 52 week low of $139.75 and a 52 week high of $239.80.

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Tradr 2X Long Innovation 100 Quarterly ETF Company Profile

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The Tradr 2X Long Triple Q Quarterly ETF (QQQP) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the Invesco QQQ Trusts (ticker: QQQ-US) quarterly price returns through swap agreements with major global financial institutions. QQQP was launched on Sep 30, 2024 and is issued by Tradr.

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