ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Up 148.2% in March

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 700 shares, an increase of 148.2% from the February 26th total of 282 shares. Based on an average trading volume of 173 shares, the short-interest ratio is presently 4.0 days. Approximately 0.0% of the shares of the company are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Stock Down 2.1%

Shares of ETRACS IFED Invest with the Fed TR Index ETN stock traded down $0.88 on Friday, reaching $40.39. 146 shares of the company were exchanged, compared to its average volume of 276. The company’s 50-day moving average is $43.65 and its two-hundred day moving average is $45.40. ETRACS IFED Invest with the Fed TR Index ETN has a 1-year low of $34.30 and a 1-year high of $52.00.

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.