Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Up 27.6% in January

Posted by Wayne Rhoads on Feb 16th, 2025

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK – Get Free Report) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 167,900 shares, a growth of 27.6% from the January 15th total of 131,600 shares. Based on an average trading volume of 272,400 shares, the days-to-cover ratio is currently 0.6 days.

Tradr 2X Short Innovation Daily ETF Stock Performance

Shares of NASDAQ SARK traded down $2.20 during mid-day trading on Friday, reaching $28.94. The company had a trading volume of 532,735 shares, compared to its average volume of 282,278. The company has a 50-day moving average price of $37.86 and a two-hundred day moving average price of $64.48. Tradr 2X Short Innovation Daily ETF has a 1-year low of $28.87 and a 1-year high of $132.54.

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 issued a $6.5153 dividend. This is a boost from Tradr 2X Short Innovation Daily ETF’s previous dividend of $3.26. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

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

About Tradr 2X Short Innovation Daily ETF

(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.