Short Interest in Tradr 2X Long APP Daily ETF (NASDAQ:APPX) Expands By 137.1%

Tradr 2X Long APP Daily ETF (NASDAQ:APPX) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 46,700 shares, a growth of 137.1% from the August 31st total of 19,700 shares. Based on an average trading volume of 388,700 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 388,700 shares, the days-to-cover ratio is currently 0.1 days.

Tradr 2X Long APP Daily ETF Stock Down 0.6%

APPX stock opened at $133.16 on Friday. The company has a 50-day moving average price of $81.05. Tradr 2X Long APP Daily ETF has a 1-year low of $20.21 and a 1-year high of $157.62.

Tradr 2X Long APP Daily ETF Company Profile

Tradr 2X Long APP Daily ETF (APPX) is a leveraged exchange-traded fund designed to deliver 200% (2x) of the daily performance of AppLovin Corp. (APP) stock, before fees and expenses. The fund primarily uses total return swap agreements with major global financial institutions to achieve its leverage target.