Short Interest in Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Decreases By 76.2%

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 152,151 shares, a drop of 76.2% from the July 15th total of 639,614 shares. Based on an average daily trading volume, of 2,151,427 shares, the days-to-cover ratio is presently 0.1 days. Approximately 25.1% of the company’s shares are short sold.

Tradr 2X Long QBTS Daily ETF Price Performance

BATS QBTX opened at $9.67 on Thursday. The stock’s fifty day moving average is $11.82 and its two-hundred day moving average is $14.15. Tradr 2X Long QBTS Daily ETF has a fifty-two week low of $6.13 and a fifty-two week high of $513.56.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC purchased a new stake in shares of Tradr 2X Long QBTS Daily ETF (BATS:QBTX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 22,904 shares of the company’s stock, valued at approximately $3,583,000. Jump Financial LLC owned about 1.61% of Tradr 2X Long QBTS Daily ETF at the end of the most recent quarter.

Tradr 2X Long QBTS Daily ETF Company Profile

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.