SoFi Next 500 ETF (NYSEARCA:SFYX) Short Interest Update

SoFi Next 500 ETF (NYSEARCA:SFYX) was the target of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 23,934 shares, an increase of 155.9% from the January 15th total of 9,352 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average trading volume of 7,591 shares, the short-interest ratio is currently 3.2 days. Based on an average trading volume of 7,591 shares, the short-interest ratio is currently 3.2 days. Currently, 1.5% of the shares of the stock are sold short.

SoFi Next 500 ETF Stock Up 1.1%

SFYX traded up $0.19 during trading on Friday, hitting $17.04. The company’s stock had a trading volume of 21,036 shares, compared to its average volume of 24,762. The stock has a market capitalization of $27.26 million, a price-to-earnings ratio of 20.12 and a beta of 1.14. The firm’s 50 day moving average price is $16.87 and its two-hundred day moving average price is $16.21. SoFi Next 500 ETF has a 12 month low of $16.61 and a 12 month high of $17.39.

About SoFi Next 500 ETF

The SoFi Next 500 ETF (SFYX) is an exchange-traded fund that is based on the Solactive SoFi US Next 500 Growth index. The fund tracks a multi-factor-weighted index of US mid-cap equities, selected by market cap. SFYX was launched on Apr 11, 2019 and is managed by SoFi.