Tradr 2X Long Innovation ETF (NASDAQ:TARK) Short Interest Down 13.7% in February

Tradr 2X Long Innovation ETF (NASDAQ:TARK) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 12,940 shares, a decrease of 13.7% from the February 12th total of 15,002 shares. Approximately 2.4% of the shares of the stock are sold short. Based on an average daily volume of 24,250 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 24,250 shares, the short-interest ratio is presently 0.5 days. Approximately 2.4% of the shares of the stock are sold short.

Tradr 2X Long Innovation ETF Stock Performance

Shares of Tradr 2X Long Innovation ETF stock opened at $40.52 on Tuesday. The business has a 50 day moving average price of $45.40 and a 200 day moving average price of $61.74. 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 disclosed an annual dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were paid a dividend of $14.5628 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 2,745.0%.

Tradr 2X Long Innovation ETF Company Profile

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.