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

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a large 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. Currently, 37.3% of the shares of the stock are sold short. Based on an average daily volume of 783,754 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 783,754 shares, the days-to-cover ratio is currently 1.0 days. Currently, 37.3% of the shares of the stock are sold short.

Tradr 1X Short Innovation Daily ETF Stock Performance

NASDAQ:SARK opened at $30.45 on Friday. Tradr 1X Short Innovation Daily ETF has a 12 month low of $26.68 and a 12 month high of $74.56. The company’s 50-day moving average price is $30.16 and its two-hundred day moving average price is $30.29.

Tradr 1X Short Innovation Daily ETF Dividend Announcement

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