ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Up 148.2% in March

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFEDGet Free Report) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 700 shares, a growth of 148.2% from the February 26th total of 282 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 173 shares, the short-interest ratio is currently 4.0 days. Based on an average daily trading volume, of 173 shares, the short-interest ratio is currently 4.0 days. Currently, 0.0% of the company’s stock are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Price Performance

IFED traded up $0.23 on Wednesday, reaching $41.62. The company had a trading volume of 3 shares, compared to its average volume of 280. ETRACS IFED Invest with the Fed TR Index ETN has a 1 year low of $34.30 and a 1 year high of $52.00. The stock has a 50-day moving average price of $43.95 and a 200-day moving average price of $45.50.

About ETRACS IFED Invest with the Fed TR Index ETN

(Get Free Report)

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.

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