Tradr 2X Long Innovation ETF (NASDAQ:TARK) Short Interest Update

Tradr 2X Long Innovation ETF (NASDAQ:TARK) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 121,100 shares, a growth of 104.2% from the October 31st total of 59,300 shares. Based on an average trading volume of 82,300 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tradr 2X Long Innovation ETF stock. Western Pacific Wealth Management LP acquired a new position in Tradr 2X Long Innovation ETF (NASDAQ:TARK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 950 shares of the company’s stock, valued at approximately $62,000. Western Pacific Wealth Management LP owned approximately 0.10% of Tradr 2X Long Innovation ETF as of its most recent filing with the Securities and Exchange Commission.

Tradr 2X Long Innovation ETF Stock Up 2.9 %

Shares of TARK traded up $1.31 during mid-day trading on Friday, reaching $46.55. 40,123 shares of the stock traded hands, compared to its average volume of 133,491. Tradr 2X Long Innovation ETF has a 1 year low of $20.00 and a 1 year high of $50.00. The firm has a fifty day moving average price of $68.75 and a 200 day moving average price of $62.80.

About Tradr 2X Long Innovation ETF

The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.