First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Stock Short Interest Jumps 332.6%

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,634 shares, an increase of 332.6% from the August 31st total of 840 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 20,884 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Equity Market Neutral ETF Stock Up 0.8%

NYSEARCA:NTRL traded up $0.16 during trading hours on Friday, reaching $20.21. 17,110 shares of the stock were exchanged, compared to its average volume of 16,435. First Trust Equity Market Neutral ETF has a twelve month low of $19.75 and a twelve month high of $22.89. The business has a 50-day moving average of $21.45 and a two-hundred day moving average of $24.22.

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.