Short Interest in SoFi Next 500 ETF (NYSEARCA:SFYX) Drops By 86.7%

SoFi Next 500 ETF (NYSEARCA:SFYX) was the recipient of a significant decline in short interest in February. As of February 13th, there was short interest totaling 3,188 shares, a decline of 86.7% from the January 29th total of 23,934 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 36,164 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 36,164 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

SoFi Next 500 ETF Stock Performance

Shares of SoFi Next 500 ETF stock remained flat at $17.17 during trading on Wednesday. The business has a 50-day moving average of $16.98 and a two-hundred day moving average of $16.32. SoFi Next 500 ETF has a 1 year low of $16.61 and a 1 year high of $17.39. The stock has a market cap of $27.47 million, a PE ratio of 20.12 and a beta of 1.14.

SoFi Next 500 ETF Company Profile

The SoFi Next 500 ETF (SFYX) is an exchange-traded fund that is based on the Solactive SoFi US Next 500 Growth index. The fund tracks a multi-factor-weighted index of US mid-cap equities, selected by market cap. SFYX was launched on Apr 11, 2019 and is managed by SoFi.