Tradr 2X Long Innovation ETF (NASDAQ:TARK) Sees Large Decrease in Short Interest

Tradr 2X Long Innovation ETF (NASDAQ:TARK) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 6,625 shares, a decline of 48.8% from the February 26th total of 12,940 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 18,588 shares, the short-interest ratio is currently 0.4 days.

Tradr 2X Long Innovation ETF Stock Down 0.1%

NASDAQ:TARK traded down $0.05 during mid-day trading on Thursday, reaching $37.89. The stock had a trading volume of 433 shares, compared to its average volume of 33,588. Tradr 2X Long Innovation ETF has a 1-year low of $18.25 and a 1-year high of $94.00. The stock’s 50 day simple moving average is $43.20 and its two-hundred day simple moving average is $60.59.

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.