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

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 261 shares, a decline of 95.8% from the April 30th total of 6,271 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 1,255 shares, the days-to-cover ratio is currently 0.2 days.

Tradr 2X Long SPY Quarterly ETF Price Performance

Shares of NASDAQ:SPYQ traded up $0.03 during trading on Wednesday, hitting $188.46. 1,834 shares of the stock were exchanged, compared to its average volume of 4,702. The company has a fifty day moving average price of $166.28 and a two-hundred day moving average price of $163.46. Tradr 2X Long SPY Quarterly ETF has a 12-month low of $124.95 and a 12-month high of $189.41.

Tradr 2X Long SPY Quarterly ETF Company Profile

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.