Tradr 2X Long Innovation ETF (NASDAQ:TARK) Short Interest Down 63.0% in January

Tradr 2X Long Innovation ETF (NASDAQ:TARK) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 16,287 shares, a decline of 63.0% from the December 31st total of 43,960 shares. Currently, 2.8% of the shares of the company are short sold. Based on an average trading volume of 30,531 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 30,531 shares, the days-to-cover ratio is currently 0.5 days. Currently, 2.8% of the shares of the company are short sold.

Tradr 2X Long Innovation ETF Trading Down 3.4%

Tradr 2X Long Innovation ETF stock traded down $1.74 during midday trading on Thursday, hitting $48.80. 7,972 shares of the company’s stock were exchanged, compared to its average volume of 29,718. Tradr 2X Long Innovation ETF has a 12-month low of $18.25 and a 12-month high of $94.00. The firm’s 50 day simple moving average is $58.76 and its 200 day simple moving average is $66.98.

Tradr 2X Long Innovation ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Investors of record on Tuesday, December 23rd were given a $14.5628 dividend. This represents a yield of 2,745.0%. The ex-dividend date was Tuesday, December 23rd.

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.