Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Down 38.1% in December

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 134,100 shares, a drop of 38.1% from the December 15th total of 216,600 shares. Based on an average daily volume of 247,200 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Tradr 2X Short Innovation Daily ETF

An institutional investor recently raised its position in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. grew its stake in Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) by 33.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,000 shares of the company’s stock after purchasing an additional 5,000 shares during the quarter. Nicholas Hoffman & Company LLC. owned approximately 0.71% of Tradr 2X Short Innovation Daily ETF worth $521,000 as of its most recent SEC filing.

Tradr 2X Short Innovation Daily ETF Stock Down 1.9 %

Shares of NASDAQ SARK traded down $0.77 during trading on Tuesday, hitting $40.81. The company had a trading volume of 245,979 shares, compared to its average volume of 361,581. The stock has a fifty day simple moving average of $46.59 and a two-hundred day simple moving average of $73.32. Tradr 2X Short Innovation Daily ETF has a fifty-two week low of $35.00 and a fifty-two week high of $132.54.

Tradr 2X Short Innovation Daily ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $6.5153 dividend. This is a positive change from Tradr 2X Short Innovation Daily ETF’s previous dividend of $3.26. The ex-dividend date of this dividend was Monday, December 23rd.

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.