Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Short Interest Down 93.1% in July

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 4,724 shares, a drop of 93.1% from the July 15th total of 68,087 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 28,952 shares, the short-interest ratio is presently 0.2 days.

Tradr 2X Long Innovation 100 Monthly ETF Stock Performance

MQQQ traded up $4.08 on Wednesday, hitting $233.79. 5,783 shares of the company were exchanged, compared to its average volume of 40,407. Tradr 2X Long Innovation 100 Monthly ETF has a 12 month low of $145.39 and a 12 month high of $253.87. The stock’s fifty day moving average is $229.17 and its 200-day moving average is $203.93.

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.