Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Stock Short Interest Rises 75.5%

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 10,896 shares, a growth of 75.5% from the September 15th total of 6,208 shares. Based on an average trading volume of 57,936 shares, the short-interest ratio is currently 0.2 days. Approximately 1.0% of the shares of the company are sold short.

Tradr 2X Long Innovation 100 Monthly ETF Stock Down 5.1%

Shares of NASDAQ:MQQQ traded down $11.89 during midday trading on Friday, hitting $221.11. The stock had a trading volume of 7,061 shares, compared to its average volume of 41,379. Tradr 2X Long Innovation 100 Monthly ETF has a 1 year low of $145.39 and a 1 year high of $255.64. The stock has a 50 day moving average price of $233.82 and a two-hundred day moving average price of $223.65.

Tradr 2X Long Innovation 100 Monthly ETF Company Profile

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.