Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 102,723 shares, an increase of 70.8% from the September 15th total of 60,133 shares. Based on an average daily trading volume, of 127,977 shares, the days-to-cover ratio is presently 0.8 days. Approximately 7.0% of the company’s stock are short sold.
Tradr 1X Short Innovation Daily ETF Price Performance
NASDAQ SARK traded up $1.20 during trading on Friday, hitting $25.76. The company’s stock had a trading volume of 290,079 shares, compared to its average volume of 358,942. The business’s 50 day simple moving average is $24.76 and its 200-day simple moving average is $27.43. Tradr 1X Short Innovation Daily ETF has a fifty-two week low of $22.27 and a fifty-two week high of $35.67.
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.
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