Tradr 2X Long TEM Daily ETF (BATS:TEMT) Sees Large Decline in Short Interest

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 54,850 shares, a decrease of 58.1% from the July 30th total of 130,867 shares. Based on an average daily trading volume, of 152,586 shares, the short-interest ratio is currently 0.4 days. Approximately 5.0% of the company’s stock are short sold.

Tradr 2X Long TEM Daily ETF Trading Down 19.4%

BATS TEMT opened at $25.34 on Friday. The company has a 50 day moving average price of $20.99 and a two-hundred day moving average price of $21.35. Tradr 2X Long TEM Daily ETF has a 12-month low of $11.52 and a 12-month high of $152.22.

Tradr 2X Long TEM Daily ETF Company Profile

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.