Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Short Interest Up 8,326.6% in July

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 68,087 shares, an increase of 8,326.6% from the June 30th total of 808 shares. Approximately 6.9% of the company’s shares are sold short. Based on an average trading volume of 74,876 shares, the days-to-cover ratio is currently 0.9 days.

Tradr 2X Long Innovation 100 Monthly ETF Trading Down 2.8%

Shares of MQQQ stock opened at $208.52 on Friday. The business’s 50 day simple moving average is $233.93 and its 200 day simple moving average is $200.90. Tradr 2X Long Innovation 100 Monthly ETF has a one year low of $145.39 and a one year high of $253.87.

About Tradr 2X Long Innovation 100 Monthly ETF

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.