Tradr 2X Long TEM Daily ETF (BATS:TEMT) Sees Significant Decline in Short Interest

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 26,445 shares, a drop of 51.8% from the August 15th total of 54,850 shares. Currently, 2.4% of the shares of the company are short sold. Based on an average daily trading volume, of 369,006 shares, the short-interest ratio is presently 0.1 days.

Tradr 2X Long TEM Daily ETF Price Performance

TEMT opened at $23.60 on Tuesday. Tradr 2X Long TEM Daily ETF has a fifty-two week low of $11.52 and a fifty-two week high of $152.22. The stock has a fifty day moving average of $21.16 and a 200-day moving average of $20.96.

About Tradr 2X Long TEM Daily ETF

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.