Short Interest in Sparkline Intangible Value ETF (NYSEARCA:ITAN) Grows By 118.1%

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,342 shares, an increase of 118.1% from the June 30th total of 4,283 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 8,842 shares, the short-interest ratio is presently 1.1 days.

Sparkline Intangible Value ETF Stock Up 1.4%

NYSEARCA ITAN traded up $0.59 during trading hours on Tuesday, hitting $42.68. The company’s stock had a trading volume of 12,748 shares, compared to its average volume of 10,289. The stock has a fifty day moving average of $41.78 and a 200 day moving average of $39.19. Sparkline Intangible Value ETF has a twelve month low of $31.75 and a twelve month high of $43.07. The firm has a market capitalization of $107.55 million, a P/E ratio of 16.94 and a beta of 1.08.

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.