Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Sees Significant Growth in Short Interest

Tradr 2X Long QBTS Daily ETF (BATS:QBTXGet Free Report) was the target of a significant increase in short interest during 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. Based on an average daily volume of 1,431,384 shares, the days-to-cover ratio is currently 0.4 days. Currently, 105.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC bought a new stake in Tradr 2X Long QBTS Daily ETF (BATS:QBTXFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 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 as of its most recent SEC filing.

Tradr 2X Long QBTS Daily ETF Price Performance

QBTX stock opened at $6.59 on Friday. The firm has a 50 day simple moving average of $14.99 and a two-hundred day simple moving average of $17.11. Tradr 2X Long QBTS Daily ETF has a one year low of $6.24 and a one year high of $513.56.

About Tradr 2X Long QBTS Daily ETF

(Get Free Report)

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.

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