Tradr 2X Long FLY Daily ETF (BATS:FLYT) Sees Large Decline in Short Interest

Tradr 2X Long FLY Daily ETF (BATS:FLYT) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 34,450 shares, a decrease of 48.2% from the August 15th total of 66,542 shares. Based on an average daily trading volume, of 120,569 shares, the short-interest ratio is presently 0.3 days. Approximately 2.1% of the shares of the company are short sold.

Institutional Trading of Tradr 2X Long FLY Daily ETF

A hedge fund recently raised its position in Tradr 2X Long FLY Daily ETF stock. Optiver Holding B.V. increased its stake in Tradr 2X Long FLY Daily ETF (BATS:FLYT) by 1,958.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,188 shares of the company’s stock after purchasing an additional 57,264 shares during the period. Optiver Holding B.V. owned 17.70% of Tradr 2X Long FLY Daily ETF worth $914,000 at the end of the most recent reporting period.

Tradr 2X Long FLY Daily ETF Price Performance

FLYT traded down $0.12 on Tuesday, hitting $4.71. 106,708 shares of the company’s stock were exchanged, compared to its average volume of 219,035. The stock has a fifty day moving average of $5.76 and a two-hundred day moving average of $14.48. Tradr 2X Long FLY Daily ETF has a twelve month low of $3.61 and a twelve month high of $58.51.