Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Up 23.8% in December

by · The Cerbat Gem

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK – Get Free Report) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 309,474 shares, a growth of 23.8% from the November 30th total of 250,011 shares. Based on an average trading volume of 856,379 shares, the days-to-cover ratio is presently 0.4 days. Currently, 8.1% of the company’s shares are short sold. Currently, 8.1% of the company’s shares are short sold. Based on an average trading volume of 856,379 shares, the days-to-cover ratio is presently 0.4 days.

Tradr 1X Short Innovation Daily ETF Stock Performance

SARK traded up $0.36 during trading on Wednesday, reaching $30.19. 234,196 shares of the stock traded hands, compared to its average volume of 599,091. The stock’s 50-day moving average is $29.82 and its 200 day moving average is $31.53. Tradr 1X Short Innovation Daily ETF has a 12 month low of $26.68 and a 12 month high of $74.56.

Tradr 1X Short Innovation Daily ETF Dividend Announcement

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

About Tradr 1X Short Innovation Daily ETF

(Get Free Report)

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.

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