Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK – Get Free Report) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totalling 842,900 shares, a decline of 19.0% from the July 15th total of 1,040,000 shares. Based on an average trading volume of 756,000 shares, the short-interest ratio is presently 1.1 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. acquired a new position in shares of Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $403,000. Nicholas Hoffman & Company LLC. owned about 0.31% of Tradr 2X Short Innovation Daily ETF at the end of the most recent reporting period.
Tradr 2X Short Innovation Daily ETF Trading Down 0.9 %
NASDAQ:SARK traded down $0.28 during trading hours on Friday, reaching $31.13. 313,926 shares of the stock were exchanged, compared to its average volume of 1,187,597. Tradr 2X Short Innovation Daily ETF has a twelve month low of $24.95 and a twelve month high of $46.34. The firm has a 50 day moving average of $31.16 and a 200 day moving average of $29.57.
About Tradr 2X Short Innovation Daily ETF
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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