Tradr 2X Long TEM Daily ETF (BATS:TEMT) Sees Significant Growth in Short Interest

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 157,897 shares, an increase of 89.7% from the April 30th total of 83,227 shares. Currently, 14.5% of the company’s shares are short sold. Based on an average trading volume of 340,720 shares, the short-interest ratio is currently 0.5 days.

Tradr 2X Long TEM Daily ETF Stock Performance

Shares of Tradr 2X Long TEM Daily ETF stock opened at $17.68 on Thursday. The stock’s 50-day moving average is $19.83 and its 200-day moving average is $34.91. Tradr 2X Long TEM Daily ETF has a one year low of $14.50 and a one year high of $152.22.

About Tradr 2X Long TEM Daily ETF

Investment Managers Series Trust II – Tradr 2X Long TEM 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 comprehensive genetic testing 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.