Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Up 236.1% in February

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 769,238 shares, a growth of 236.1% from the January 29th total of 228,853 shares. Based on an average daily trading volume, of 783,754 shares, the short-interest ratio is currently 1.0 days. Currently, 37.3% of the shares of the company are short sold. Currently, 37.3% of the shares of the company are short sold. Based on an average daily trading volume, of 783,754 shares, the short-interest ratio is currently 1.0 days.

Tradr 1X Short Innovation Daily ETF Price Performance

SARK stock opened at $31.14 on Friday. Tradr 1X Short Innovation Daily ETF has a 52-week low of $26.68 and a 52-week high of $74.56. The company’s 50-day simple moving average is $30.19 and its 200-day simple moving average is $30.27.

Tradr 1X Short Innovation Daily ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were given a dividend of $0.8523 per share. The ex-dividend date was Tuesday, December 23rd. This represents a 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.