Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Update

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 309,474 shares, an increase of 23.8% from the November 30th total of 250,011 shares. Based on an average trading volume of 856,379 shares, the short-interest ratio is currently 0.4 days. Currently, 8.1% of the shares of the stock are sold short. Currently, 8.1% of the shares of the stock are sold short. Based on an average trading volume of 856,379 shares, the short-interest ratio is currently 0.4 days.

Tradr 1X Short Innovation Daily ETF Price Performance

SARK opened at $30.25 on Friday. Tradr 1X Short Innovation Daily ETF has a one year low of $26.68 and a one year high of $74.56. The company’s 50 day simple moving average is $29.90 and its 200-day simple moving average is $31.51.

Tradr 1X Short Innovation Daily ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were given a $0.8523 dividend. This represents a yield of 295.0%. The ex-dividend date was Tuesday, December 23rd.

Tradr 1X 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. SARK was launched on Nov 9, 2021 and is managed by AXS Investments.