Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Short Interest Update

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,184,620 shares, a growth of 694.0% from the August 15th total of 149,200 shares. Based on an average trading volume of 2,140,967 shares, the short-interest ratio is presently 0.6 days. Approximately 195.8% of the shares of the stock are short sold.

Tradr 2X Long QBTS Daily ETF Stock Performance

BATS QBTX opened at $6.00 on Friday. The stock’s 50-day simple moving average is $8.21 and its two-hundred day simple moving average is $12.21. Tradr 2X Long QBTS Daily ETF has a twelve month low of $5.62 and a twelve month high of $513.56.

Tradr 2X Long QBTS Daily ETF’s stock is going to reverse split on the morning of Tuesday, September 22nd. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, September 21st.

Hedge Funds Weigh In On Tradr 2X Long QBTS Daily ETF

A hedge fund recently bought a new position in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC bought a new position in Tradr 2X Long QBTS Daily ETF (BATS:QBTX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 22,904 shares of the company’s stock, valued at approximately $3,583,000. Jump Financial LLC owned approximately 1.61% of Tradr 2X Long QBTS Daily ETF at the end of the most recent reporting period.

Tradr 2X Long QBTS Daily ETF Company Profile

Investment Managers Series Trust II – Tradr 2X Long QBTS 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 information technology, software and services and computer software 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.