ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Up 329.9% in June

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,436 shares, a growth of 329.9% from the May 31st total of 334 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,277 shares, the short-interest ratio is presently 1.1 days.

ETRACS IFED Invest with the Fed TR Index ETN Price Performance

NYSEARCA IFED traded down $1.99 during mid-day trading on Friday, reaching $44.05. The stock had a trading volume of 1,187 shares, compared to its average volume of 470. ETRACS IFED Invest with the Fed TR Index ETN has a 1 year low of $38.91 and a 1 year high of $52.00. The company has a fifty day moving average price of $43.80 and a 200 day moving average price of $44.12.

ETRACS IFED Invest with the Fed TR Index ETN Company Profile

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.