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

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,908 shares, a growth of 33.4% from the December 15th total of 2,180 shares. Currently, 3.6% of the company’s shares are short sold. Based on an average trading volume of 837 shares, the short-interest ratio is currently 3.5 days. Based on an average trading volume of 837 shares, the short-interest ratio is currently 3.5 days. Currently, 3.6% of the company’s shares are short sold.

Tradr 2X Long Innovation 100 Quarterly ETF Stock Performance

Shares of NASDAQ:QQQP traded down $0.65 during mid-day trading on Friday, reaching $178.06. 2,022 shares of the company were exchanged, compared to its average volume of 4,002. Tradr 2X Long Innovation 100 Quarterly ETF has a 1 year low of $82.50 and a 1 year high of $190.01. The firm’s 50-day simple moving average is $177.23 and its 200 day simple moving average is $167.69.

Tradr 2X Long Innovation 100 Quarterly ETF Company Profile

The Tradr 2X Long Triple Q Quarterly ETF (QQQP) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the Invesco QQQ Trusts (ticker: QQQ-US) quarterly price returns through swap agreements with major global financial institutions. QQQP was launched on Sep 30, 2024 and is issued by Tradr.