Short Interest in Tradr 2X Long Innovation ETF (NASDAQ:TARK) Decreases By 42.5%

Tradr 2X Long Innovation ETF (NASDAQ:TARK) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 9,457 shares, a decline of 42.5% from the March 31st total of 16,446 shares. Based on an average daily trading volume, of 22,776 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.8% of the company’s shares are short sold.

Tradr 2X Long Innovation ETF Price Performance

TARK stock opened at $44.92 on Monday. Tradr 2X Long Innovation ETF has a 1 year low of $27.91 and a 1 year high of $94.00. The firm has a 50-day moving average of $40.39 and a 200 day moving average of $54.76.

Tradr 2X Long Innovation ETF Company Profile

The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions. TARK was launched on May 2, 2022 and is managed by AXS Investments.