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

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 261 shares, a decrease of 95.8% from the April 30th total of 6,271 shares. Based on an average daily trading volume, of 1,255 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the shares of the stock are short sold.

Tradr 2X Long SPY Quarterly ETF Price Performance

SPYQ stock traded up $0.03 on Wednesday, reaching $188.46. The company had a trading volume of 1,834 shares, compared to its average volume of 4,702. Tradr 2X Long SPY Quarterly ETF has a 1 year low of $124.95 and a 1 year high of $189.41. The company’s fifty day moving average is $166.28 and its 200 day moving average is $163.46.

Tradr 2X Long SPY Quarterly ETF Company Profile

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.