Short Interest in Tradr 2X Long FLY Daily ETF (BATS:FLYT) Drops By 48.2%

Tradr 2X Long FLY Daily ETF (BATS:FLYT) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 34,450 shares, a decline of 48.2% from the August 15th total of 66,542 shares. Approximately 2.1% of the shares of the company are short sold. Based on an average daily trading volume, of 120,569 shares, the days-to-cover ratio is currently 0.3 days.

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

A hedge fund recently raised its position in Tradr 2X Long FLY Daily ETF stock. Optiver Holding B.V. grew its holdings in Tradr 2X Long FLY Daily ETF (BATS:FLYT) by 1,958.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 60,188 shares of the company’s stock after purchasing an additional 57,264 shares during the period. Optiver Holding B.V. owned approximately 17.70% of Tradr 2X Long FLY Daily ETF worth $914,000 at the end of the most recent quarter.

Tradr 2X Long FLY Daily ETF Trading Down 8.5%

FLYT stock opened at $4.42 on Wednesday. Tradr 2X Long FLY Daily ETF has a fifty-two week low of $3.61 and a fifty-two week high of $58.51. The stock has a fifty day moving average of $5.69 and a 200-day moving average of $14.45.