Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Stock Short Interest Declines 75.9%
by Michael Walen · The Markets DailyTradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 6,208 shares, a decline of 75.9% from the August 31st total of 25,729 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 63,692 shares, the days-to-cover ratio is presently 0.1 days.
Tradr 2X Long Innovation 100 Monthly ETF Trading Down 2.1%
MQQQ traded down $5.10 during trading on Monday, hitting $239.50. The company’s stock had a trading volume of 111,951 shares, compared to its average volume of 42,545. The firm’s 50 day moving average price is $226.06 and its 200-day moving average price is $215.91. Tradr 2X Long Innovation 100 Monthly ETF has a twelve month low of $145.39 and a twelve month high of $253.87.
Tradr 2X Long Innovation 100 Monthly ETF Company Profile
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.
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