First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Sees Significant Growth in Short Interest

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 297 shares, a growth of 194.1% from the June 15th total of 101 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 4,623 shares, the short-interest ratio is currently 0.1 days.

First Trust Equity Market Neutral ETF Trading Down 0.9%

First Trust Equity Market Neutral ETF stock traded down $0.18 during midday trading on Wednesday, reaching $20.60. The company had a trading volume of 27,550 shares, compared to its average volume of 18,117. First Trust Equity Market Neutral ETF has a 12-month low of $19.75 and a 12-month high of $22.89. The firm’s fifty day simple moving average is $25.03 and its 200-day simple moving average is $26.21.

About First Trust Equity Market Neutral ETF

The Global X Carbon Credits Strategy ETF (NTRL) is an exchange-traded fund that is based on the ICE Global Carbon Futures index. The fund seeks to track a carbon credit futures index that weights holdings based on total dollar volume. The fund holds December futures contracts from four cap-and-trade programs. NTRL was launched on May 24, 2023 and is managed by Global X.