Short Interest in Tradr 2X Long TEM Daily ETF (BATS:TEMT) Expands By 749.3%

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 130,867 shares, a growth of 749.3% from the July 15th total of 15,408 shares. Based on an average daily trading volume, of 270,389 shares, the days-to-cover ratio is presently 0.5 days. Approximately 12.0% of the shares of the stock are short sold.

Tradr 2X Long TEM Daily ETF Price Performance

Shares of TEMT stock traded up $0.42 during trading hours on Tuesday, reaching $20.89. The company had a trading volume of 75,860 shares, compared to its average volume of 291,085. Tradr 2X Long TEM Daily ETF has a 12-month low of $11.52 and a 12-month high of $152.22. The stock has a fifty day moving average of $19.34 and a 200-day moving average of $22.53.

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.