Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Sees Significant Decline in Short Interest

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 4,724 shares, a decline of 93.1% from the July 15th total of 68,087 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,952 shares, the short-interest ratio is presently 0.2 days.

Tradr 2X Long Innovation 100 Monthly ETF Stock Down 0.6%

NASDAQ MQQQ traded down $1.48 during trading hours on Tuesday, reaching $229.71. 209,587 shares of the company’s stock were exchanged, compared to its average volume of 40,637. Tradr 2X Long Innovation 100 Monthly ETF has a one year low of $145.39 and a one year high of $253.87. The firm has a fifty day moving average of $229.17 and a 200-day moving average of $203.93.

About Tradr 2X Long Innovation 100 Monthly ETF

The Tradr 2X Long Triple Q Monthly ETF (MQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the Invesco QQQ Trust (ticker: QQQ-US) through swap agreements with major global financial institutions. MQQQ was launched on Sep 3, 2024 and is issued by Tradr.