Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) Sees Significant Growth in Short Interest

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,120 shares, an increase of 141.0% from the June 15th total of 3,369 shares. Based on an average daily volume of 2,127 shares, the short-interest ratio is presently 3.8 days. Approximately 10.2% of the shares of the company are sold short.

Tradr 2X Long SPY Quarterly ETF Trading Down 0.9%

Shares of Tradr 2X Long SPY Quarterly ETF stock traded down $1.64 during trading hours on Thursday, reaching $188.19. The company’s stock had a trading volume of 1,083 shares, compared to its average volume of 6,866. Tradr 2X Long SPY Quarterly ETF has a one year low of $135.47 and a one year high of $192.78. The company’s 50 day simple moving average is $185.49 and its 200 day simple moving average is $169.71.

About Tradr 2X Long SPY Quarterly ETF

The Tradr 2X Long SPY Quarterly ETF (SPYQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the SPDR S&P 500 ETFs (ticker: SPY-US) quarterly price returns through swap agreements with major global financial institutions. SPYQ was launched on Sep 30, 2024 and is issued by Tradr.