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

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 134,197 shares, a decrease of 79.4% from the May 14th total of 650,581 shares. Based on an average daily trading volume, of 4,611,604 shares, the days-to-cover ratio is currently 0.0 days. Currently, 22.2% of the shares of the stock are sold short.

Tradr 2X Long QBTS Daily ETF Trading Up 2.8%

Shares of Tradr 2X Long QBTS Daily ETF stock opened at $15.60 on Friday. The firm’s 50-day simple moving average is $15.39 and its 200-day simple moving average is $22.33. Tradr 2X Long QBTS Daily ETF has a twelve month low of $6.24 and a twelve month high of $513.56.

Institutional Investors Weigh In On Tradr 2X Long QBTS Daily ETF

A hedge fund recently bought a new stake in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC purchased a new stake in Tradr 2X Long QBTS Daily ETF (BATS:QBTX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 22,904 shares of the company’s stock, valued at approximately $3,583,000. Jump Financial LLC owned approximately 1.61% of Tradr 2X Long QBTS Daily ETF at the end of the most recent reporting period.

About Tradr 2X Long QBTS Daily ETF

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.