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

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 869 shares, an increase of 15.1% from the February 12th total of 755 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 777 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 777 shares, the short-interest ratio is currently 1.1 days. Currently, 0.8% of the shares of the stock are sold short.

Tradr 2X Long Innovation 100 Quarterly ETF Stock Up 2.4%

QQQP stock opened at $165.04 on Tuesday. The business has a fifty day moving average price of $172.90 and a 200 day moving average price of $172.99. Tradr 2X Long Innovation 100 Quarterly ETF has a fifty-two week low of $82.50 and a fifty-two week high of $190.01.

About Tradr 2X Long Innovation 100 Quarterly ETF

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.