Tradr 2X Long Innovation ETF (NASDAQ:TARK – Get Free Report) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 16,287 shares, a decline of 63.0% from the December 31st total of 43,960 shares. Currently, 2.8% of the company’s shares are sold short. Based on an average trading volume of 30,531 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 30,531 shares, the days-to-cover ratio is currently 0.5 days. Currently, 2.8% of the company’s shares are sold short.
Tradr 2X Long Innovation ETF Price Performance
NASDAQ:TARK traded down $2.58 during trading hours on Friday, reaching $46.07. The company’s stock had a trading volume of 18,539 shares, compared to its average volume of 29,580. The firm has a 50-day simple moving average of $58.64 and a 200-day simple moving average of $66.85. Tradr 2X Long Innovation ETF has a 1 year low of $18.25 and a 1 year high of $94.00.
Tradr 2X Long Innovation ETF Dividend Announcement
The business also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were issued a dividend of $14.5628 per share. The ex-dividend date was Tuesday, December 23rd. This represents a yield of 2,745.0%.
About Tradr 2X Long Innovation ETF
The AXS 2X Innovation ETF (TARK) is an exchange-traded fund that is based on the ARK Innovation ETF index. The fund is an actively-managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions. TARK was launched on May 2, 2022 and is managed by AXS Investments.
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