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

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 63,700 shares, a decline of 61.6% from the March 31st total of 165,700 shares. Currently, 7.3% of the shares of the company are sold short. Based on an average daily volume of 413,200 shares, the days-to-cover ratio is presently 0.2 days.

Tradr 2X Short Innovation Daily ETF Stock Performance

SARK traded up $0.65 during trading on Monday, reaching $51.06. 68,354 shares of the company were exchanged, compared to its average volume of 285,973. Tradr 2X Short Innovation Daily ETF has a 12-month low of $27.86 and a 12-month high of $132.54. The company’s 50-day moving average is $49.83 and its two-hundred day moving average is $49.23.

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.