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

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 170,448 shares, an increase of 97.1% from the June 15th total of 86,496 shares. Based on an average daily trading volume, of 310,364 shares, the short-interest ratio is presently 0.5 days. Approximately 15.6% of the shares of the company are short sold.

Tradr 2X Long TEM Daily ETF Trading Down 3.8%

TEMT opened at $19.54 on Friday. The company’s 50-day moving average price is $20.22 and its 200 day moving average price is $25.76. Tradr 2X Long TEM Daily ETF has a fifty-two week low of $14.50 and a fifty-two week 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.