Tradr 2X Long Innovation ETF (NASDAQ:TARK) Short Interest Up 42.0% in November

Tradr 2X Long Innovation ETF (NASDAQ:TARK) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 172,000 shares, an increase of 42.0% from the November 15th total of 121,100 shares. Based on an average daily trading volume, of 79,800 shares, the short-interest ratio is currently 2.2 days.

Institutional Investors Weigh In On Tradr 2X Long Innovation ETF

An institutional investor recently bought a new position in Tradr 2X Long Innovation ETF stock. Western Pacific Wealth Management LP acquired a new stake in Tradr 2X Long Innovation ETF (NASDAQ:TARK) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 950 shares of the company’s stock, valued at approximately $62,000. Western Pacific Wealth Management LP owned approximately 0.10% of Tradr 2X Long Innovation ETF at the end of the most recent reporting period.

Tradr 2X Long Innovation ETF Stock Performance

Shares of NASDAQ:TARK traded up $0.75 during trading on Friday, reaching $51.76. 31,164 shares of the company were exchanged, compared to its average volume of 130,980. The business’s fifty day simple moving average is $39.65 and its 200-day simple moving average is $33.27. Tradr 2X Long Innovation ETF has a 12-month low of $20.00 and a 12-month high of $55.61.

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.