First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Shares Shorted: Short Interest Down 52.1% in October

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6,472 shares, a decrease of 52.1% from the September 30th total of 13,498 shares. Based on an average daily volume of 2,587 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.9% of the company’s shares are short sold.

First Trust Equity Market Neutral ETF Price Performance

NTRL stock traded down $0.14 during midday trading on Friday, hitting $20.93. The stock had a trading volume of 6,218 shares, compared to its average volume of 15,703. The business has a fifty day moving average price of $21.13 and a two-hundred day moving average price of $24.25. First Trust Equity Market Neutral ETF has a 1-year low of $19.88 and a 1-year high of $22.89.

First Trust Equity Market Neutral ETF Company Profile

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.