Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Short Interest Update

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 152,151 shares, a drop of 76.2% from the July 15th total of 639,614 shares. Currently, 25.1% of the company’s stock are short sold. Based on an average daily volume of 2,151,427 shares, the days-to-cover ratio is presently 0.1 days.

Tradr 2X Long QBTS Daily ETF Stock Up 1.4%

Shares of QBTX opened at $9.81 on Friday. The company’s 50 day moving average price is $11.58 and its 200 day moving average price is $13.97. Tradr 2X Long QBTS Daily ETF has a 52 week low of $6.13 and a 52 week high of $513.56.

Institutional Investors Weigh In On Tradr 2X Long QBTS Daily ETF

An institutional investor recently bought a new stake in Tradr 2X Long QBTS Daily ETF stock. Jump Financial LLC purchased a new stake in shares of Tradr 2X Long QBTS Daily ETF (BATS:QBTX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 22,904 shares of the company’s stock, valued at approximately $3,583,000. Jump Financial LLC owned approximately 1.61% of Tradr 2X Long QBTS Daily ETF as of its most recent SEC filing.

Tradr 2X Long QBTS Daily ETF Company Profile

Investment Managers Series Trust II – Tradr 2X Long QBTS Daily ETF is an exchange traded fund launched by Investment Managers Series Trust II. The fund is managed by AXS Investments LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services and computer software sectors. The fund uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.