First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,367 shares, a drop of 62.0% from the June 15th total of 6,231 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average trading volume of 2,471 shares, the days-to-cover ratio is currently 1.0 days.
First Trust Bloomberg Inflation Sensitive Equity ETF Trading Up 0.4%
First Trust Bloomberg Inflation Sensitive Equity ETF stock traded up $0.10 on Tuesday, reaching $27.35. 35 shares of the stock were exchanged, compared to its average volume of 2,786. First Trust Bloomberg Inflation Sensitive Equity ETF has a twelve month low of $21.11 and a twelve month high of $29.25. The firm has a fifty day moving average price of $27.80 and a two-hundred day moving average price of $26.54. The stock has a market cap of $5.47 million, a PE ratio of 17.44 and a beta of 0.66.
Institutional Trading of First Trust Bloomberg Inflation Sensitive Equity ETF
A hedge fund recently bought a new position in First Trust Bloomberg Inflation Sensitive Equity ETF stock. International Assets Investment Management LLC purchased a new position in First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 4,575 shares of the company’s stock, valued at approximately $104,000. International Assets Investment Management LLC owned 9.15% of First Trust Bloomberg Inflation Sensitive Equity ETF as of its most recent SEC filing.
About First Trust Bloomberg Inflation Sensitive Equity ETF
The First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US large- and mid-cap stocks considered to benefit directly or indirectly from inflation increases. Selection of individual holdings are based on both fundamental and technical criteria. FTIF was launched on Mar 13, 2023 and is managed by First Trust.
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