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

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 116,320 shares, a growth of 147.0% from the July 30th total of 47,085 shares. Approximately 7.6% of the company’s shares are short sold. Based on an average daily trading volume, of 131,087 shares, the short-interest ratio is presently 0.9 days.

Tradr 1X Short Innovation Daily ETF Price Performance

SARK stock traded up $0.87 during mid-day trading on Friday, reaching $25.25. The company had a trading volume of 107,565 shares, compared to its average volume of 404,713. The firm has a 50 day moving average of $27.41 and a 200 day moving average of $29.25. Tradr 1X Short Innovation Daily ETF has a 12 month low of $24.28 and a 12 month 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.