Tradr 2X Long TEM Daily ETF (BATS:TEMT) Sees Significant Increase 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 October. As of October 30th, there was short interest totaling 233,110 shares, an increase of 295.9% from the October 15th total of 58,875 shares. Based on an average daily volume of 169,572 shares, the short-interest ratio is currently 1.4 days. Currently, 23.8% of the company’s shares are short sold.

Tradr 2X Long TEM Daily ETF Stock Down 8.9%

BATS TEMT opened at $29.83 on Friday. Tradr 2X Long TEM Daily ETF has a 12 month low of $11.52 and a 12 month high of $81.92. The firm’s 50-day moving average is $30.24 and its two-hundred day moving average is $24.25.

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.