Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Update

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 164,600 shares, a growth of 36.0% from the February 28th total of 121,000 shares. Approximately 10.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 365,700 shares, the days-to-cover ratio is presently 0.5 days.

Tradr 2X Short Innovation Daily ETF Price Performance

Shares of SARK stock traded down $0.64 during trading hours on Tuesday, reaching $51.24. The stock had a trading volume of 255,027 shares, compared to its average volume of 287,339. The stock’s fifty day simple moving average is $39.84 and its 200 day simple moving average is $52.62. Tradr 2X Short Innovation Daily ETF has a 12 month low of $27.86 and a 12 month high of $132.54.

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.