Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Short Interest Down 57.5% in May

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 6,635 shares, a decline of 57.5% from the April 30th total of 15,611 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 96,424 shares, the days-to-cover ratio is presently 0.1 days.

Tradr 2X Long Innovation 100 Monthly ETF Stock Up 1.1%

MQQQ stock traded up $2.61 during mid-day trading on Monday, reaching $250.25. 23,146 shares of the company traded hands, compared to its average volume of 29,120. Tradr 2X Long Innovation 100 Monthly ETF has a 52-week low of $137.45 and a 52-week high of $251.98. The company has a fifty day moving average price of $198.42 and a 200-day moving average price of $187.38.

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.