Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Short Interest Down 60.7% in January

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the recipient of a large drop in short interest in January. As of January 30th, there was short interest totaling 864 shares, a drop of 60.7% from the January 15th total of 2,199 shares. Based on an average trading volume of 2,508 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 2,508 shares, the days-to-cover ratio is presently 0.3 days.

Tradr 2X Long Innovation 100 Quarterly ETF Stock Performance

NASDAQ QQQP traded down $5.22 during trading hours on Thursday, hitting $168.23. The company had a trading volume of 2,418 shares, compared to its average volume of 2,694. The business has a 50 day moving average of $177.59 and a 200-day moving average of $170.88. Tradr 2X Long Innovation 100 Quarterly ETF has a 1-year low of $82.50 and a 1-year high of $190.01.

About Tradr 2X Long Innovation 100 Quarterly ETF

The Tradr 2X Long Triple Q Quarterly ETF (QQQP) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the Invesco QQQ Trusts (ticker: QQQ-US) quarterly price returns through swap agreements with major global financial institutions. QQQP was launched on Sep 30, 2024 and is issued by Tradr.