Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) Short Interest Down 63.2% in April

Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totaling 4,784 shares, a decline of 63.2% from the March 31st total of 13,012 shares. Based on an average trading volume of 14,585 shares, the short-interest ratio is currently 0.3 days. Currently, 0.7% of the shares of the stock are short sold.

Tradr 2X Long Innovation 100 Monthly ETF Stock Performance

Shares of NASDAQ:MQQQ traded down $0.21 during trading on Monday, hitting $203.85. 8,926 shares of the company’s stock were exchanged, compared to its average volume of 10,819. The business’s 50-day simple moving average is $173.46 and its 200 day simple moving average is $180.85. Tradr 2X Long Innovation 100 Monthly ETF has a 52-week low of $111.80 and a 52-week high of $204.20.

About Tradr 2X Long Innovation 100 Monthly ETF

The Tradr 2X Long Triple Q Monthly ETF (MQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, seeking to provide 2x the exposure to the monthly price return of the Invesco QQQ Trust (ticker: QQQ-US) through swap agreements with major global financial institutions. MQQQ was launched on Sep 3, 2024 and is issued by Tradr.