Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Sees Large Decrease in Short Interest

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 4,724 shares, a decrease of 93.1% from the July 15th total of 68,087 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 28,952 shares, the days-to-cover ratio is currently 0.2 days.

Tradr 2X Long Innovation 100 Monthly ETF Stock Performance

Shares of MQQQ stock traded up $5.68 during trading hours on Thursday, reaching $238.54. The company had a trading volume of 14,192 shares, compared to its average volume of 40,291. The business has a fifty day moving average price of $228.81 and a 200-day moving average price of $204.27. Tradr 2X Long Innovation 100 Monthly ETF has a one year low of $145.39 and a one year high of $253.87.

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.