Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Short Interest Update

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 343 shares, a decrease of 96.8% from the April 30th total of 10,884 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,497 shares, the days-to-cover ratio is currently 0.2 days.

Tradr 2X Long Innovation 100 Quarterly ETF Price Performance

NASDAQ:QQQP traded down $0.47 during trading hours on Wednesday, reaching $230.06. 369 shares of the company traded hands, compared to its average volume of 2,312. The firm’s 50-day moving average is $187.43 and its 200-day moving average is $179.10. Tradr 2X Long Innovation 100 Quarterly ETF has a 1-year low of $129.10 and a 1-year high of $230.53.

Tradr 2X Long Innovation 100 Quarterly ETF Company Profile

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.