Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Sees Large Increase in Short Interest

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 6,476 shares, a growth of 173.6% from the October 15th total of 2,367 shares. Based on an average daily volume of 27,114 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.7% of the company’s stock are sold short.

Tradr 2X Long Innovation 100 Monthly ETF Stock Performance

NASDAQ:MQQQ opened at $205.61 on Friday. The stock’s 50 day moving average price is $227.13 and its 200 day moving average price is $211.83. Tradr 2X Long Innovation 100 Monthly ETF has a 52 week low of $145.39 and a 52 week high of $255.64.

Tradr 2X Long Innovation 100 Monthly ETF Company Profile

(Get Free Report)

The Tradr 2X Long Triple Q Monthly ETF (MQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the Invesco QQQ Trust (ticker: QQQ-US) through swap agreements with major global financial institutions. MQQQ was launched on Sep 3, 2024 and is issued by Tradr.

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