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

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,068 shares, a growth of 22.9% from the February 26th total of 869 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,855 shares, the days-to-cover ratio is presently 0.4 days.

Tradr 2X Long Innovation 100 Quarterly ETF Stock Performance

Tradr 2X Long Innovation 100 Quarterly ETF stock opened at $151.78 on Wednesday. The company has a 50-day simple moving average of $167.58 and a 200-day simple moving average of $172.81. Tradr 2X Long Innovation 100 Quarterly ETF has a one year low of $82.50 and a one year 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.