Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Update

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 12,423 shares, a growth of 80.5% from the May 14th total of 6,881 shares. Based on an average daily trading volume, of 5,183 shares, the short-interest ratio is currently 2.4 days. Currently, 0.6% of the shares of the stock are sold short.

Sparkline Intangible Value ETF Stock Performance

Shares of NYSEARCA:ITAN traded up $0.53 during midday trading on Monday, reaching $42.67. 13,700 shares of the company’s stock traded hands, compared to its average volume of 8,231. Sparkline Intangible Value ETF has a 1 year low of $31.24 and a 1 year high of $43.07. The company has a market cap of $85.34 million, a P/E ratio of 16.94 and a beta of 1.08. The company has a fifty day simple moving average of $39.76 and a two-hundred day simple moving average of $38.13.

About Sparkline Intangible Value ETF

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.