Short Interest in Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Grows By 8,326.6%

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 68,087 shares, a growth of 8,326.6% from the June 30th total of 808 shares. Approximately 6.9% of the shares of the stock are sold short. Based on an average daily volume of 74,876 shares, the days-to-cover ratio is currently 0.9 days.

Tradr 2X Long Innovation 100 Monthly ETF Price Performance

Shares of NASDAQ MQQQ traded down $6.07 during midday trading on Friday, hitting $208.52. 58,433 shares of the company traded hands, compared to its average volume of 39,195. Tradr 2X Long Innovation 100 Monthly ETF has a 12-month low of $145.39 and a 12-month high of $253.87. The stock has a 50-day moving average price of $234.37 and a 200 day moving average price of $200.84.

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.