Short Interest in SoFi Social 50 ETF (NYSEARCA:SFYF) Decreases By 16.2%

SoFi Social 50 ETF (NYSEARCA:SFYF) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 2,566 shares, a decline of 16.2% from the January 15th total of 3,061 shares. Based on an average daily trading volume, of 5,738 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,738 shares, the short-interest ratio is currently 0.4 days.

SoFi Social 50 ETF Price Performance

NYSEARCA:SFYF traded down $0.21 during trading hours on Tuesday, hitting $52.92. The company’s stock had a trading volume of 3,002 shares, compared to its average volume of 6,635. SoFi Social 50 ETF has a twelve month low of $32.74 and a twelve month high of $58.11. The stock has a fifty day simple moving average of $55.67 and a 200-day simple moving average of $54.36. The company has a market capitalization of $38.63 million, a P/E ratio of 31.66 and a beta of 1.53.

SoFi Social 50 ETF Company Profile

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.