SoFi Next 500 ETF (NYSEARCA:SFYX) Short Interest Up 507.7% in January

SoFi Next 500 ETF (NYSEARCA:SFYX) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 9,352 shares, an increase of 507.7% from the December 31st total of 1,539 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 6,554 shares, the short-interest ratio is currently 1.4 days. Based on an average daily volume of 6,554 shares, the short-interest ratio is currently 1.4 days. Approximately 0.6% of the company’s stock are sold short.

SoFi Next 500 ETF Stock Up 0.1%

Shares of SFYX stock traded up $0.01 during mid-day trading on Thursday, reaching $17.14. 7,215 shares of the company’s stock traded hands, compared to its average volume of 6,680. The company’s 50-day moving average price is $16.66 and its 200-day moving average price is $16.07. The company has a market cap of $27.42 million, a P/E ratio of 20.12 and a beta of 1.14. SoFi Next 500 ETF has a 12 month low of $11.57 and a 12 month high of $17.91.

SoFi Next 500 ETF Company Profile

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.