Short Interest in ARK DIET Q1 Buffer ETF (BATS:ARKD) Declines By 63.9%

ARK DIET Q1 Buffer ETF (BATS:ARKD) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 11,562 shares, a decrease of 63.9% from the August 15th total of 32,056 shares. Based on an average daily trading volume, of 297 shares, the short-interest ratio is currently 38.9 days. Approximately 11.6% of the company’s stock are sold short.

ARK DIET Q1 Buffer ETF Price Performance

BATS ARKD opened at $20.67 on Friday. The firm’s fifty day moving average price is $20.25 and its 200 day moving average price is $19.83. ARK DIET Q1 Buffer ETF has a 12 month low of $18.00 and a 12 month high of $21.62. The company has a market capitalization of $2.07 million, a price-to-earnings ratio of 23.53 and a beta of 1.55.

About ARK DIET Q1 Buffer ETF

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.