Short Interest in Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Decreases By 32.6%

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 121,000 shares, a decline of 32.6% from the February 13th total of 179,600 shares. Based on an average trading volume of 351,400 shares, the short-interest ratio is presently 0.3 days. Approximately 7.4% of the shares of the company are short sold.

Tradr 2X Short Innovation Daily ETF Price Performance

NASDAQ:SARK traded down $4.44 on Friday, reaching $49.99. 334,571 shares of the company’s stock were exchanged, compared to its average volume of 287,438. The stock has a fifty day simple moving average of $38.12 and a 200-day simple moving average of $56.49. Tradr 2X Short Innovation Daily ETF has a 52 week low of $27.86 and a 52 week high of $132.54.

Tradr 2X Short Innovation Daily ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $6.5153 dividend. The ex-dividend date was Monday, December 23rd. This is an increase from Tradr 2X Short Innovation Daily ETF’s previous dividend of $3.26.

Tradr 2X 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.