Short Interest in ARK DIET Q1 Buffer ETF (BATS:ARKD) Increases By 289.4%

ARK DIET Q1 Buffer ETF (BATS:ARKD) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 32,056 shares, an increase of 289.4% from the July 30th total of 8,233 shares. Currently, 32.1% of the shares of the stock are sold short. Based on an average trading volume of 342 shares, the short-interest ratio is currently 93.7 days.

ARK DIET Q1 Buffer ETF Price Performance

ARKD opened at $21.26 on Friday. The firm has a market capitalization of $2.13 million, a price-to-earnings ratio of 23.53 and a beta of 1.55. The company’s 50 day simple moving average is $20.09 and its two-hundred day simple moving average is $19.70. ARK DIET Q1 Buffer ETF has a 1-year low of $18.00 and a 1-year high of $21.62.

ARK DIET Q1 Buffer ETF Company Profile

The ARK 21Shares Blockchain and Digital Economy Innovation ETF (ARKD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed, seeking capital appreciation by investing in both Bitcoin (BTC) futures contracts and globally listed equities of companies engaged in the blockchain industry and/or digital economy. The fund does not directly invest in BTC or any digital assets, nor does it maintain direct exposure to its spot price. ARKD was launched on Nov 15, 2023 and is issued by ARK.