Tradr 2X Long SNDK Daily ETF (BATS:SNXX) Sees Large Growth in Short Interest

Tradr 2X Long SNDK Daily ETF (BATS:SNXX) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 20,930,841 shares, an increase of 54.6% from the July 30th total of 13,542,855 shares. Based on an average daily trading volume, of 111,617,516 shares, the short-interest ratio is currently 0.2 days.

Tradr 2X Long SNDK Daily ETF Stock Down 6.8%

BATS SNXX opened at $13.40 on Tuesday. Tradr 2X Long SNDK Daily ETF has a twelve month low of $3.14 and a twelve month high of $49.34.

The Syntax Stratified Total US Market ETF (BATS:SNXX) is an exchange-traded fund designed to provide diversified exposure to the U.S. equity market. The fund invests in a broad portfolio of publicly traded companies across large-, mid- and small-cap segments and multiple industries.

SNXX uses Syntax’s stratified investment methodology, which organizes companies into business and industry groupings and seeks to distribute portfolio exposure across those groups. This approach is intended to provide broad market participation while reducing reliance on a small number of the largest companies or individual sectors.

The fund focuses on companies based in the United States and is structured for investors seeking a single-fund approach to diversified domestic equity exposure.