Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Shares Shorted: Short Interest Down 38.8% in September

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 60,133 shares, a drop of 38.8% from the August 31st total of 98,212 shares. Based on an average daily volume of 153,329 shares, the days-to-cover ratio is currently 0.4 days. Approximately 4.1% of the shares of the company are sold short.

Tradr 1X Short Innovation Daily ETF Price Performance

Shares of Tradr 1X Short Innovation Daily ETF stock traded down $0.30 during trading hours on Friday, hitting $23.55. 94,163 shares of the company were exchanged, compared to its average volume of 370,513. Tradr 1X Short Innovation Daily ETF has a 1 year low of $22.88 and a 1 year high of $35.67. The business has a 50-day moving average of $25.87 and a 200-day moving average of $28.02.

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.