Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQ) Sees Large Drop in Short Interest

Tradr 2X Long SPY Quarterly ETF (NASDAQ:SPYQGet Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 1,517 shares, a drop of 81.3% from the June 30th total of 8,120 shares. Based on an average daily volume of 1,087 shares, the short-interest ratio is presently 1.4 days. Currently, 1.9% of the company’s stock are sold short.

Tradr 2X Long SPY Quarterly ETF Stock Performance

SPYQ stock traded down $0.44 during midday trading on Friday, reaching $181.16. 2,035 shares of the company’s stock traded hands, compared to its average volume of 6,575. The firm’s fifty day moving average price is $185.65 and its 200-day moving average price is $170.71. Tradr 2X Long SPY Quarterly ETF has a 52 week low of $135.47 and a 52 week high of $192.78.

About Tradr 2X Long SPY Quarterly ETF

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The Tradr 2X Long SPY Quarterly ETF (SPYQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide 2x exposure to the SPDR S&P 500 ETFs (ticker: SPY-US) quarterly price returns through swap agreements with major global financial institutions. SPYQ was launched on Sep 30, 2024 and is issued by Tradr.

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