Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Update

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 67,422 shares, a growth of 94.5% from the May 14th total of 34,670 shares. Approximately 2.9% of the shares of the company are sold short. Based on an average daily trading volume, of 208,459 shares, the days-to-cover ratio is presently 0.3 days.

Tradr 1X Short Innovation Daily ETF Trading Up 0.0%

Tradr 1X Short Innovation Daily ETF stock traded up $0.01 during midday trading on Tuesday, hitting $27.44. 97,094 shares of the company’s stock were exchanged, compared to its average volume of 513,608. Tradr 1X Short Innovation Daily ETF has a 12-month low of $26.68 and a 12-month high of $39.68. The firm’s 50 day simple moving average is $29.11 and its 200 day simple moving average is $30.09.

Tradr 1X Short Innovation Daily ETF Company Profile

The AXS Short Innovation Daily ETF (SARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund that seeks to achieve -1x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions. SARK was launched on Nov 9, 2021 and is managed by AXS Investments.