Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Sees Significant Decrease in Short Interest

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 123,926 shares, a decline of 89.5% from the August 31st total of 1,184,620 shares. Based on an average daily trading volume, of 2,431,904 shares, the short-interest ratio is presently 0.1 days. Approximately 20.5% of the company’s stock are sold short.

Tradr 2X Long QBTS Daily ETF Price Performance

Shares of BATS:QBTX traded up $1.60 during midday trading on Thursday, reaching $25.24. The company had a trading volume of 470,245 shares, compared to its average volume of 536,382. Tradr 2X Long QBTS Daily ETF has a 1-year low of $21.08 and a 1-year high of $2,054.24. The business’s 50 day moving average price is $30.00 and its 200 day moving average price is $46.88.

Tradr 2X Long QBTS Daily ETF Company Profile

Investment Managers Series Trust II – Tradr 2X Long QBTS Daily ETF is an exchange traded fund launched by Investment Managers Series Trust II. The fund is managed by AXS Investments LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services and computer software sectors. The fund uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.