Tradr 2X Long Innovation ETF (NASDAQ:TARK) Short Interest Down 13.7% in February

Tradr 2X Long Innovation ETF (NASDAQ:TARK) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 12,940 shares, a decline of 13.7% from the February 12th total of 15,002 shares. Approximately 2.4% of the shares of the company are short sold. Based on an average trading volume of 24,250 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 24,250 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.4% of the shares of the company are short sold.

Tradr 2X Long Innovation ETF Stock Performance

TARK opened at $39.70 on Thursday. The stock’s fifty day simple moving average is $44.86 and its 200 day simple moving average is $61.44. Tradr 2X Long Innovation ETF has a 1-year low of $18.25 and a 1-year high of $94.00.

Tradr 2X Long Innovation ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Tuesday, December 23rd were given a $14.5628 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 2,745.0%.

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.