Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Stock Price Up 1.7% – What’s Next?

Shares of Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) shot up 1.7% during mid-day trading on Thursday . The company traded as high as $18.75 and last traded at $18.29. 410,964 shares traded hands during trading, a decline of 59% from the average session volume of 1,011,390 shares. The stock had previously closed at $17.99.

Tradr 2X Short Innovation Daily ETF Trading Down 5.0 %

The business has a fifty day moving average price of $24.42 and a 200 day moving average price of $28.56.

Institutional Trading of Tradr 2X Short Innovation Daily ETF

An institutional investor recently raised its position in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. lifted its stake in Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) by 33.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,000 shares of the company’s stock after purchasing an additional 5,000 shares during the period. Nicholas Hoffman & Company LLC. owned 0.71% of Tradr 2X Short Innovation Daily ETF worth $521,000 at the end of the most recent quarter.

Tradr 2X 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.