Tradr 2X Long SMR Daily ETF (BATS:SMU – Get Free Report) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 431,469 shares, a drop of 41.9% from the April 30th total of 742,543 shares. Currently, 13.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,446,292 shares, the days-to-cover ratio is currently 0.3 days.
Tradr 2X Long SMR Daily ETF Trading Down 15.7%
Shares of BATS SMU traded down $2.87 during trading on Wednesday, reaching $15.44. 1,434,690 shares of the stock were exchanged, compared to its average volume of 1,137,846. Tradr 2X Long SMR Daily ETF has a twelve month low of $8.92 and a twelve month high of $780.00. The business’s 50-day moving average price is $14.11 and its 200 day moving average price is $113.72.
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