Tradr 2X Long TEM Daily ETF (BATS:TEMT) Sees Large Drop in Short Interest

Tradr 2X Long TEM Daily ETF (BATS:TEMT) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 15,408 shares, a decline of 91.0% from the June 30th total of 170,448 shares. Based on an average trading volume of 191,015 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.4% of the shares of the company are short sold.

Tradr 2X Long TEM Daily ETF Stock Down 13.9%

Tradr 2X Long TEM Daily ETF stock traded down $2.04 during trading hours on Friday, hitting $12.68. 269,609 shares of the stock traded hands, compared to its average volume of 300,626. The firm’s 50 day moving average price is $20.09 and its 200-day moving average price is $25.10. Tradr 2X Long TEM Daily ETF has a 1 year low of $12.65 and a 1 year high of $152.22.

About Tradr 2X Long TEM Daily ETF

Investment Managers Series Trust II – Tradr 2X Long TEM 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 comprehensive genetic testing 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.