Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Shares Shorted: Short Interest Up 70.8% in September

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) was the target of 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 trading volume of 127,977 shares, the short-interest ratio is currently 0.8 days. Approximately 7.0% of the company’s shares are short sold.

Tradr 1X Short Innovation Daily ETF Price Performance

Shares of Tradr 1X Short Innovation Daily ETF stock traded down $0.16 on Thursday, reaching $24.83. The company had a trading volume of 181,914 shares, compared to its average volume of 359,142. The firm’s 50 day moving average price is $24.84 and its two-hundred day moving average price is $27.50. Tradr 1X Short Innovation Daily ETF has a 52-week low of $22.27 and a 52-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.