Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Update

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) 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) 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.