ARK DIET Q1 Buffer ETF (BATS:ARKD) Sees Large Increase in Short Interest

ARK DIET Q1 Buffer ETF (BATS:ARKD) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 32,056 shares, an increase of 289.4% from the July 30th total of 8,233 shares. Approximately 32.1% of the company’s stock are sold short. Based on an average daily volume of 342 shares, the short-interest ratio is currently 93.7 days.

ARK DIET Q1 Buffer ETF Trading Down 2.0%

Shares of ARK DIET Q1 Buffer ETF stock opened at $20.84 on Friday. The firm has a market capitalization of $2.08 million, a P/E ratio of 23.53 and a beta of 1.55. The business has a fifty day simple moving average of $20.10 and a two-hundred day simple moving average of $19.71. ARK DIET Q1 Buffer ETF has a 12 month low of $18.00 and a 12 month high of $21.62.

About ARK DIET Q1 Buffer ETF

The ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed, seeking capital appreciation by investing in both Bitcoin (BTC) futures contracts and globally listed equities of companies engaged in the blockchain industry and/or digital economy. The fund does not directly invest in BTC or any digital assets, nor does it maintain direct exposure to its spot price. ARKD was launched on Nov 15, 2023 and is issued by ARK.