Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 1,040,000 shares, a decline of 41.2% from the June 30th total of 1,770,000 shares. Based on an average trading volume of 704,800 shares, the days-to-cover ratio is currently 1.5 days.
Institutional Trading of Tradr 2X Short Innovation Daily ETF
A hedge fund recently bought a new stake in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. bought a new position in Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 15,000 shares of the company’s stock, valued at approximately $403,000. Nicholas Hoffman & Company LLC. owned 0.31% of Tradr 2X Short Innovation Daily ETF at the end of the most recent reporting period.
Tradr 2X Short Innovation Daily ETF Stock Down 2.8 %
Shares of Tradr 2X Short Innovation Daily ETF stock traded down $0.85 on Friday, reaching $29.92. 915,738 shares of the company were exchanged, compared to its average volume of 1,194,311. Tradr 2X Short Innovation Daily ETF has a fifty-two week low of $24.95 and a fifty-two week high of $46.34. The stock has a fifty day moving average price of $29.96 and a 200-day moving average price of $29.00.
Tradr 2X 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.
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