Tradr 2X Long TEM Daily ETF (BATS:TEMT) Short Interest Down 49.1% in May

Tradr 2X Long TEM Daily ETF (BATS:TEMT) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 80,308 shares, a decline of 49.1% from the May 14th total of 157,897 shares. Based on an average daily volume of 409,824 shares, the days-to-cover ratio is currently 0.2 days. Currently, 7.4% of the company’s shares are sold short.

Tradr 2X Long TEM Daily ETF Trading Down 7.7%

Shares of BATS:TEMT opened at $17.21 on Friday. Tradr 2X Long TEM Daily ETF has a 1 year low of $14.50 and a 1 year high of $152.22. The stock has a 50-day simple moving average of $19.83 and a 200-day simple moving average of $33.06.

About Tradr 2X Long TEM Daily ETF

Investment Managers Series Trust II – Tradr 2X Long TEM 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 comprehensive genetic testing 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.