Short Interest in Tradr 2X Long QBTS Daily ETF (BATS:QBTX) Decreases By 76.2%

Tradr 2X Long QBTS Daily ETF (BATS:QBTX) was the target of a large drop in short interest during 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. Based on an average daily volume of 2,151,427 shares, the short-interest ratio is currently 0.1 days. Currently, 25.1% of the shares of the company are short sold.

Tradr 2X Long QBTS Daily ETF Trading Up 2.8%

Tradr 2X Long QBTS Daily ETF stock opened at $10.08 on Friday. Tradr 2X Long QBTS Daily ETF has a 52 week low of $6.13 and a 52 week high of $513.56. The stock has a 50-day simple moving average of $11.46 and a 200 day simple moving average of $13.95.

Institutional Trading of Tradr 2X Long QBTS Daily ETF

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

About Tradr 2X Long QBTS Daily ETF

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.