Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Down 61.0% in November

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 346,500 shares, a decline of 61.0% from the October 31st total of 889,100 shares. Based on an average daily trading volume, of 208,100 shares, the short-interest ratio is currently 1.7 days.

Tradr 2X Short Innovation Daily ETF Trading Down 1.3 %

Tradr 2X Short Innovation Daily ETF stock traded down $0.69 during trading hours on Wednesday, reaching $51.27. 86,150 shares of the stock were exchanged, compared to its average volume of 335,398. Tradr 2X Short Innovation Daily ETF has a twelve month low of $48.54 and a twelve month high of $132.54. The stock has a 50 day moving average of $23.99 and a two-hundred day moving average of $28.35.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. grew its holdings in Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) by 33.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,000 shares of the company’s stock after purchasing an additional 5,000 shares during the period. 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 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.