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

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARKGet Free Report) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 121,000 shares, a drop of 32.6% from the February 13th total of 179,600 shares. Based on an average daily volume of 351,400 shares, the short-interest ratio is currently 0.3 days. Currently, 7.4% of the company’s shares are sold short.

Tradr 2X Short Innovation Daily ETF Trading Down 8.2 %

NASDAQ SARK traded down $4.44 during trading hours on Friday, hitting $49.99. 334,571 shares of the company’s stock were exchanged, compared to its average volume of 288,107. Tradr 2X Short Innovation Daily ETF has a 1-year low of $27.86 and a 1-year high of $132.54. The stock has a 50-day simple moving average of $37.87 and a 200 day simple moving average of $56.95.

Tradr 2X Short Innovation Daily ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $6.5153 per share. This is a boost from Tradr 2X Short Innovation Daily ETF’s previous dividend of $3.26. The ex-dividend date of this dividend was Monday, December 23rd.

Tradr 2X Short Innovation Daily ETF Company Profile

(Get Free Report)

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.

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