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

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) saw a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 42,302 shares, a drop of 94.5% from the February 12th total of 769,238 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily volume of 544,622 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 544,622 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.1% of the company’s stock are short sold.

Tradr 1X Short Innovation Daily ETF Stock Performance

NASDAQ SARK opened at $31.10 on Wednesday. The stock’s 50 day moving average is $30.41 and its 200 day moving average is $30.14. Tradr 1X Short Innovation Daily ETF has a twelve month low of $26.68 and a twelve month high of $74.56.

Tradr 1X Short Innovation Daily ETF Announces Dividend

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 dividend of $0.8523 per share. This represents a dividend yield of 295.0%. The ex-dividend date 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.