Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Stock Short Interest Climbs 77.6%

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 244,188 shares, an increase of 77.6% from the September 30th total of 137,528 shares. Based on an average daily volume of 411,070 shares, the days-to-cover ratio is presently 0.6 days. Approximately 40.4% of the company’s stock are sold short.

Tradr 2X Long QBTS Daily ETF Price Performance

Shares of QBTX stock opened at $8.84 on Friday. The firm has a 50 day moving average of $20.47 and a two-hundred day moving average of $50.04. Tradr 2X Long QBTS Daily ETF has a 52 week low of $8.03 and a 52 week high of $393.44.

Tradr 2X Long QBTS Daily ETF Company Profile

Investment Managers Series Trust II – Tradr 2X Long QBTS 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 information technology, software and services and computer software 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.