ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 3 shares, a drop of 40.0% from the September 15th total of 5 shares. Based on an average trading volume of 646 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.
ETRACS IFED Invest with the Fed TR Index ETN Stock Down 0.3%
IFED traded down $0.12 on Friday, hitting $45.88. The company had a trading volume of 307 shares, compared to its average volume of 793. The company’s fifty day moving average price is $47.46 and its 200 day moving average price is $45.38. ETRACS IFED Invest with the Fed TR Index ETN has a 1-year low of $38.91 and a 1-year high of $55.20.
ETRACS IFED Invest with the Fed TR Index ETN Company Profile
The ETRACS IFED Invest with the Fed TR Index ETN (IFED) is an exchange-traded fund that is based on the IFED Large-Cap US Equity index. The fund tracks a total return index of large-cap US equities that the issuer believes will benefit from the prevailing monetary environment. The fund uses multiple fundamental factors to select and weight securities for inclusion. IFED was launched on Sep 14, 2021 and is issued by UBS.
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