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

Tradr 2X Long Innovation 100 Quarterly ETF (NASDAQ:QQQP) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 2,180 shares, a decrease of 26.1% from the November 30th total of 2,951 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average trading volume of 719 shares, the short-interest ratio is currently 3.0 days. Based on an average trading volume of 719 shares, the short-interest ratio is currently 3.0 days. Approximately 1.6% of the shares of the company are short sold.

Tradr 2X Long Innovation 100 Quarterly ETF Stock Down 0.5%

QQQP traded down $0.83 during midday trading on Tuesday, reaching $178.11. 545 shares of the company’s stock were exchanged, compared to its average volume of 6,131. Tradr 2X Long Innovation 100 Quarterly ETF has a one year low of $82.50 and a one year high of $190.01. The business has a 50-day simple moving average of $177.84 and a two-hundred day simple moving average of $163.92.

About Tradr 2X Long Innovation 100 Quarterly ETF

The Tradr 2X Long Triple Q Quarterly ETF (QQQP) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the Invesco QQQ Trusts (ticker: QQQ-US) quarterly price returns through swap agreements with major global financial institutions. QQQP was launched on Sep 30, 2024 and is issued by Tradr.