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

Tradr 2X Long Innovation ETF (NASDAQ:TARK) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 43,960 shares, a decline of 66.2% from the December 15th total of 130,128 shares. Approximately 7.3% of the company’s shares are sold short. Based on an average trading volume of 54,368 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 54,368 shares, the days-to-cover ratio is currently 0.8 days. Approximately 7.3% of the company’s shares are sold short.

Tradr 2X Long Innovation ETF Price Performance

NASDAQ:TARK opened at $55.38 on Tuesday. The company has a 50 day simple moving average of $62.12 and a two-hundred day simple moving average of $67.39. Tradr 2X Long Innovation ETF has a fifty-two week low of $18.25 and a fifty-two week high of $94.00.

Tradr 2X Long Innovation ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Tuesday, December 23rd were given a dividend of $14.5628 per share. The ex-dividend date was Tuesday, December 23rd. This represents a dividend yield of 2,745.0%.

Institutional Trading of Tradr 2X Long Innovation ETF

A hedge fund recently raised its stake in Tradr 2X Long Innovation ETF stock. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Tradr 2X Long Innovation ETF (NASDAQ:TARK) by 143.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,625 shares of the company’s stock after acquiring an additional 2,137 shares during the period. Thurston Springer Miller Herd & Titak Inc. owned 0.52% of Tradr 2X Long Innovation ETF worth $204,000 as of its most recent SEC filing.

Tradr 2X Long Innovation ETF Company Profile

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. TARK was launched on May 2, 2022 and is managed by AXS Investments.