Tradr 1X Short Innovation Daily ETF (NASDAQ:SARK) Trading Up 5.4% – Here’s Why

Tradr 1X Short Innovation Daily ETF (NASDAQ:SARKGet Free Report) shot up 5.4% on Thursday . The stock traded as high as $34.80 and last traded at $34.70. 998,021 shares traded hands during mid-day trading, an increase of 74% from the average session volume of 573,890 shares. The stock had previously closed at $32.92.

Tradr 1X Short Innovation Daily ETF Trading Down 6.3%

The firm’s fifty day moving average price is $29.58 and its 200-day moving average price is $30.43.

Tradr 1X Short Innovation Daily ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were given a $0.8523 dividend. The ex-dividend date was Tuesday, December 23rd. This represents a yield of 295.0%.

About Tradr 1X Short Innovation Daily ETF

(Get Free Report)

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.

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