Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Up 89.8% in March

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 80,286 shares, an increase of 89.8% from the February 26th total of 42,302 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average trading volume of 632,390 shares, the days-to-cover ratio is currently 0.1 days.

Tradr 1X Short Innovation Daily ETF Price Performance

Tradr 1X Short Innovation Daily ETF stock traded up $0.45 during mid-day trading on Thursday, hitting $32.70. The stock had a trading volume of 175,642 shares, compared to its average volume of 624,895. The stock has a 50-day simple moving average of $31.08 and a two-hundred day simple moving average of $30.07. Tradr 1X Short Innovation Daily ETF has a 12 month low of $26.68 and a 12 month high of $74.56.

About Tradr 1X Short Innovation Daily ETF

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. SARK was launched on Nov 9, 2021 and is managed by AXS Investments.