Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Down 41.7% in June

Sparkline Intangible Value ETF (NYSEARCA:ITAN) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 7,237 shares, a drop of 41.7% from the May 31st total of 12,423 shares. Based on an average daily trading volume, of 12,674 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are short sold.

Sparkline Intangible Value ETF Trading Up 0.3%

Shares of Sparkline Intangible Value ETF stock traded up $0.14 during trading on Wednesday, reaching $41.97. The company’s stock had a trading volume of 14,983 shares, compared to its average volume of 8,224. The stock has a 50-day moving average price of $40.89 and a two-hundred day moving average price of $38.61. The stock has a market capitalization of $83.94 million, a P/E ratio of 16.94 and a beta of 1.08. Sparkline Intangible Value ETF has a one year low of $31.75 and a one year high of $43.07.

Sparkline Intangible Value ETF Company Profile

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.