Tradr 2X Long Innovation ETF (NASDAQ:TARK – Get Free Report) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 121,100 shares, a growth of 104.2% from the October 31st total of 59,300 shares. Based on an average trading volume of 82,300 shares, the short-interest ratio is presently 1.5 days.
Tradr 2X Long Innovation ETF Stock Performance
Shares of NASDAQ:TARK traded up $1.31 during trading on Friday, reaching $46.55. The stock had a trading volume of 40,123 shares, compared to its average volume of 133,491. Tradr 2X Long Innovation ETF has a 52 week low of $20.00 and a 52 week high of $50.00. The business’s 50-day moving average price is $68.75 and its 200 day moving average price is $62.80.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Tradr 2X Long Innovation ETF stock. Western Pacific Wealth Management LP bought a new stake in Tradr 2X Long Innovation ETF (NASDAQ:TARK – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 950 shares of the company’s stock, valued at approximately $62,000. Western Pacific Wealth Management LP owned about 0.10% of Tradr 2X Long Innovation ETF at the end of the most recent quarter.
About Tradr 2X Long Innovation ETF
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.
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