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

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 228,853 shares, a growth of 196.6% from the January 15th total of 77,166 shares. Based on an average trading volume of 502,628 shares, the short-interest ratio is currently 0.5 days. Approximately 11.1% of the shares of the company are sold short. Approximately 11.1% of the shares of the company are sold short. Based on an average trading volume of 502,628 shares, the short-interest ratio is currently 0.5 days.

Tradr 1X Short Innovation Daily ETF Stock Performance

NASDAQ:SARK opened at $33.35 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 business has a fifty day moving average price of $29.75 and a 200-day moving average price of $30.41.

Tradr 1X Short Innovation Daily ETF Dividend Announcement

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

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