Short Interest in First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Increases By 65.8%

Posted by James Quigley on Apr 19th, 2025

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 6,300 shares, a growth of 65.8% from the March 15th total of 3,800 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 35,500 shares, the short-interest ratio is currently 0.2 days.

First Trust India NIFTY 50 Equal Weight ETF Stock Up 1.9 %

Shares of NASDAQ:NFTY opened at $56.55 on Friday. The business’s 50 day moving average is $54.22 and its 200 day moving average is $56.82. The stock has a market cap of $231.86 million, a P/E ratio of 21.45 and a beta of 0.72. First Trust India NIFTY 50 Equal Weight ETF has a 52-week low of $51.57 and a 52-week high of $65.90.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Castlekeep Investment Advisors LLC purchased a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter worth approximately $40,569,000. Raymond James Financial Inc. purchased a new stake in First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter worth $9,339,000. Prasad Wealth Partners LLC purchased a new position in shares of First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter valued at $7,322,000. Jane Street Group LLC raised its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 1,068.7% in the 4th quarter. Jane Street Group LLC now owns 142,727 shares of the company’s stock worth $7,991,000 after acquiring an additional 130,515 shares in the last quarter. Finally, Merit Financial Group LLC bought a new stake in First Trust India NIFTY 50 Equal Weight ETF during the fourth quarter valued at about $3,197,000.

About First Trust India NIFTY 50 Equal Weight ETF

(Get Free Report)

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.