Tradr 2X Long SNDK Daily ETF (BATS:SNXX) Short Interest Update

Tradr 2X Long SNDK Daily ETF (BATS:SNXX) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 13,542,855 shares, an increase of 127.1% from the July 15th total of 5,963,559 shares. Based on an average trading volume of 133,952,350 shares, the days-to-cover ratio is currently 0.1 days.

Tradr 2X Long SNDK Daily ETF Trading Up 14.9%

SNXX opened at $16.19 on Friday. Tradr 2X Long SNDK Daily ETF has a twelve month low of $3.14 and a twelve month high of $49.34.

The Syntax Stratified Total US Market ETF (BATS:SNXX) is an exchange-traded fund designed to provide diversified exposure to the U.S. equity market. The fund invests in a broad portfolio of publicly traded companies across large-, mid- and small-cap segments and multiple industries.

SNXX uses Syntax’s stratified investment methodology, which organizes companies into business and industry groupings and seeks to distribute portfolio exposure across those groups. This approach is intended to provide broad market participation while reducing reliance on a small number of the largest companies or individual sectors.

The fund focuses on companies based in the United States and is structured for investors seeking a single-fund approach to diversified domestic equity exposure.