First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Shares Shorted: Short Interest Up 332.6% in September

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,634 shares, an increase of 332.6% from the August 31st total of 840 shares. Based on an average daily trading volume, of 20,884 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.5% of the company’s stock are short sold.

First Trust Equity Market Neutral ETF Price Performance

NYSEARCA NTRL traded up $0.18 during trading on Friday, hitting $20.23. The company’s stock had a trading volume of 17,776 shares, compared to its average volume of 16,441. The business’s 50 day simple moving average is $21.43 and its 200-day simple moving average is $24.19. First Trust Equity Market Neutral ETF has a fifty-two week low of $19.75 and a fifty-two week high of $22.89.

About First Trust Equity Market Neutral ETF

The Global X Carbon Credits Strategy ETF (NTRL) is an exchange-traded fund that is based on the ICE Global Carbon Futures index. The fund seeks to track a carbon credit futures index that weights holdings based on total dollar volume. The fund holds December futures contracts from four cap-and-trade programs. NTRL was launched on May 24, 2023 and is managed by Global X.