Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Sees Significant Decline in Short Interest

by · The Markets Daily

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ – Get Free Report) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 2,367 shares, a decline of 78.3% from the September 30th total of 10,896 shares. Based on an average daily trading volume, of 22,766 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Tradr 2X Long Innovation 100 Monthly ETF Trading Up 2.6%

NASDAQ:MQQQ opened at $222.71 on Tuesday. Tradr 2X Long Innovation 100 Monthly ETF has a 12 month low of $145.39 and a 12 month high of $255.64. The stock has a 50 day moving average of $232.67 and a two-hundred day moving average of $210.26.

About Tradr 2X Long Innovation 100 Monthly ETF

(Get Free Report)

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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