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

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 10,896 shares, a growth of 75.5% from the September 15th total of 6,208 shares. Approximately 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 57,936 shares, the short-interest ratio is presently 0.2 days.

Tradr 2X Long Innovation 100 Monthly ETF Stock Performance

Tradr 2X Long Innovation 100 Monthly ETF stock traded down $2.69 during mid-day trading on Thursday, hitting $230.27. 804 shares of the company were exchanged, compared to its average volume of 41,526. Tradr 2X Long Innovation 100 Monthly ETF has a 12-month low of $145.39 and a 12-month high of $255.64. The business’s 50 day simple moving average is $233.72 and its two-hundred day simple moving average is $223.05.

About Tradr 2X Long Innovation 100 Monthly ETF

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.