Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Stock Short Interest Declines 75.9%

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 6,208 shares, a decline of 75.9% from the August 31st total of 25,729 shares. Based on an average daily trading volume, of 63,692 shares, the short-interest ratio is currently 0.1 days. Currently, 0.6% of the shares of the company are short sold.

Tradr 2X Long Innovation 100 Monthly ETF Trading Up 0.9%

Shares of MQQQ stock traded up $2.21 during mid-day trading on Friday, hitting $244.86. 3,773 shares of the stock were exchanged, compared to its average volume of 42,174. The firm has a fifty day moving average of $226.06 and a 200 day moving average of $215.62. Tradr 2X Long Innovation 100 Monthly ETF has a 52-week low of $145.39 and a 52-week high of $253.87.

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.