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

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,432 shares, a growth of 831.8% from the May 14th total of 261 shares. Based on an average trading volume of 41,390 shares, the days-to-cover ratio is currently 0.1 days. Currently, 3.0% of the company’s shares are sold short.

Tradr 2X Long SPY Quarterly ETF Trading Up 0.3%

Tradr 2X Long SPY Quarterly ETF stock traded up $0.46 during midday trading on Thursday, reaching $177.56. The company’s stock had a trading volume of 1,102 shares, compared to its average volume of 7,893. The stock’s 50-day simple moving average is $174.50 and its 200-day simple moving average is $165.54. Tradr 2X Long SPY Quarterly ETF has a 52-week low of $127.00 and a 52-week high of $192.78.

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.