Short Interest in Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Increases By 292.8%

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 18,557 shares, an increase of 292.8% from the July 30th total of 4,724 shares. Approximately 2.0% of the shares of the stock are sold short. Based on an average daily volume of 80,204 shares, the days-to-cover ratio is currently 0.2 days.

Tradr 2X Long Innovation 100 Monthly ETF Trading Down 1.2%

MQQQ stock opened at $227.84 on Friday. Tradr 2X Long Innovation 100 Monthly ETF has a 52 week low of $145.39 and a 52 week high of $253.87. The company has a fifty day simple moving average of $226.94 and a two-hundred day simple moving average of $207.95.

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.