Short Interest in ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Declines By 77.8%

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2 shares, a decrease of 77.8% from the January 15th total of 9 shares. Based on an average daily volume of 41 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 41 shares, the days-to-cover ratio is presently 0.0 days.

ETRACS IFED Invest with the Fed TR Index ETN Trading Down 0.2%

IFED stock traded down $0.10 on Wednesday, reaching $44.17. 122 shares of the company’s stock were exchanged, compared to its average volume of 297. ETRACS IFED Invest with the Fed TR Index ETN has a twelve month low of $34.30 and a twelve month high of $52.00. The stock has a fifty day moving average of $46.00 and a 200-day moving average of $45.89.

About ETRACS IFED Invest with the Fed TR Index ETN

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.