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

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 6,208 shares, a drop of 75.9% from the August 31st total of 25,729 shares. Based on an average daily volume of 63,692 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.6% of the shares of the stock are sold short.

Tradr 2X Long Innovation 100 Monthly ETF Price Performance

Tradr 2X Long Innovation 100 Monthly ETF stock traded up $2.21 during mid-day trading on Friday, reaching $244.86. 3,773 shares of the company’s stock traded hands, compared to its average volume of 42,174. The stock has a 50 day moving average of $226.06 and a two-hundred day moving average of $215.62. Tradr 2X Long Innovation 100 Monthly ETF has a 12-month low of $145.39 and a 12-month high of $253.87.

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About Tradr 2X Long Innovation 100 Monthly ETF

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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.

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