Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Sees Large Increase in Short Interest

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 10,884 shares, a growth of 370.8% from the April 15th total of 2,312 shares. Based on an average daily volume of 4,149 shares, the short-interest ratio is presently 2.6 days. Approximately 13.6% of the shares of the company are short sold.

Tradr 2X Long Innovation 100 Quarterly ETF Price Performance

NASDAQ QQQP opened at $218.82 on Wednesday. Tradr 2X Long Innovation 100 Quarterly ETF has a twelve month low of $125.80 and a twelve month high of $222.20. The stock has a 50-day simple moving average of $175.03 and a 200 day simple moving average of $175.97.

About Tradr 2X Long Innovation 100 Quarterly ETF

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.