Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) Sees Significant Growth in Short Interest

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 3,800 shares, a growth of 40.7% from the September 30th total of 2,700 shares. Approximately 4.8% of the company’s shares are sold short. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 4,200 shares, the short-interest ratio is presently 0.9 days. Approximately 4.8% of the company’s shares are sold short.

Tradr 2X Long Innovation 100 Quarterly ETF Stock Performance

Shares of NASDAQ:QQQP traded up $1.13 during mid-day trading on Monday, reaching $186.78. The stock had a trading volume of 842 shares, compared to its average volume of 7,126. The firm has a 50 day simple moving average of $168.11 and a two-hundred day simple moving average of $148.41. Tradr 2X Long Innovation 100 Quarterly ETF has a twelve month low of $82.50 and a twelve month high of $190.01.

Tradr 2X Long Innovation 100 Quarterly ETF Company Profile

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.