SoFi Social 50 ETF (NYSEARCA:SFYF) Short Interest Down 51.5% in January

SoFi Social 50 ETF (NYSEARCA:SFYF) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,061 shares, a drop of 51.5% from the December 31st total of 6,316 shares. Based on an average daily trading volume, of 8,299 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 8,299 shares, the short-interest ratio is currently 0.4 days.

SoFi Social 50 ETF Trading Down 0.1%

SFYF stock opened at $55.74 on Thursday. The business’s fifty day moving average price is $56.03 and its 200 day moving average price is $53.84. SoFi Social 50 ETF has a 12-month low of $32.74 and a 12-month high of $58.11. The company has a market capitalization of $40.69 million, a PE ratio of 31.66 and a beta of 1.53.

About SoFi Social 50 ETF

The SoFi Social 50 ETF (SFYF) is an exchange-traded fund that is based on the SoFi Social 50 index. The fund tracks an index of 50 US listed stocks most widely held in self-directed brokerage accounts of SoFi Securities based on highest weighted average value. SFYF was launched on May 8, 2019 and is managed by SoFi.