Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Short Interest Down 96.8% in May

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 343 shares, a drop of 96.8% from the April 30th total of 10,884 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 1,497 shares, the short-interest ratio is currently 0.2 days.

Tradr 2X Long Innovation 100 Quarterly ETF Trading Down 2.4%

Shares of NASDAQ:QQQP traded down $5.64 during trading hours on Friday, hitting $227.65. The company’s stock had a trading volume of 12,222 shares, compared to its average volume of 2,393. The firm’s fifty day moving average price is $188.77 and its 200 day moving average price is $179.52. Tradr 2X Long Innovation 100 Quarterly ETF has a 52 week low of $129.10 and a 52 week high of $235.05.

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.