Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Down 38.1% in January

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 134,100 shares, a decline of 38.1% from the December 31st total of 216,600 shares. Based on an average trading volume of 247,200 shares, the days-to-cover ratio is currently 0.5 days.

Tradr 2X Short Innovation Daily ETF Trading Up 1.0 %

Tradr 2X Short Innovation Daily ETF stock traded up $0.36 during midday trading on Wednesday, hitting $34.82. 52,112 shares of the company’s stock were exchanged, compared to its average volume of 290,012. The firm’s 50 day simple moving average is $42.00 and its 200 day simple moving average is $69.28. Tradr 2X Short Innovation Daily ETF has a 12-month low of $32.75 and a 12-month high of $132.54.

Tradr 2X Short Innovation Daily ETF Increases Dividend

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

Institutional Trading of Tradr 2X Short Innovation Daily ETF

An institutional investor recently raised its position in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. boosted its position in Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) by 33.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the company’s stock after buying an additional 5,000 shares during the period. Nicholas Hoffman & Company LLC. owned approximately 0.71% of Tradr 2X Short Innovation Daily ETF worth $521,000 as of its most recent SEC filing.

Tradr 2X 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.