Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) Sees Significant Drop in Short Interest

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) was the target of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 308 shares, a decline of 71.2% from the January 15th total of 1,070 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 1,299 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 1,299 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are sold short.

Tradr 2X Long SPY Quarterly ETF Trading Up 0.4%

NASDAQ:SPYQ opened at $167.31 on Wednesday. The company’s 50 day moving average price is $164.18 and its 200-day moving average price is $157.25. Tradr 2X Long SPY Quarterly ETF has a 52 week low of $83.15 and a 52 week high of $167.84.

Tradr 2X Long SPY Quarterly ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.2711 per share. This represents a yield of 16.0%. The ex-dividend date was Tuesday, December 23rd.

About Tradr 2X Long SPY Quarterly ETF

The Tradr 2X Long SPY Quarterly ETF (SPYQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the SPDR S&P 500 ETFs (ticker: SPY-US) quarterly price returns through swap agreements with major global financial institutions. SPYQ was launched on Sep 30, 2024 and is issued by Tradr.