Short Interest in First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF) Drops By 63.6%

First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 86 shares, a drop of 63.6% from the August 15th total of 236 shares. Based on an average daily volume of 539 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of First Trust Bloomberg Inflation Sensitive Equity ETF

An institutional investor recently bought a new stake in First Trust Bloomberg Inflation Sensitive Equity ETF stock. International Assets Investment Management LLC bought a new stake in First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,575 shares of the company’s stock, valued at approximately $104,000. International Assets Investment Management LLC owned 9.15% of First Trust Bloomberg Inflation Sensitive Equity ETF as of its most recent filing with the Securities & Exchange Commission.

First Trust Bloomberg Inflation Sensitive Equity ETF Trading Down 0.5%

NYSEARCA:FTIF traded down $0.16 during trading hours on Monday, reaching $29.29. The company had a trading volume of 598 shares, compared to its average volume of 2,541. First Trust Bloomberg Inflation Sensitive Equity ETF has a 52 week low of $21.37 and a 52 week high of $30.00. The firm has a market cap of $5.86 million, a price-to-earnings ratio of 17.44 and a beta of 0.65. The firm’s 50 day moving average price is $28.52 and its 200-day moving average price is $27.82.

First Trust Bloomberg Inflation Sensitive Equity ETF Company Profile

The First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US large- and mid-cap stocks considered to benefit directly or indirectly from inflation increases. Selection of individual holdings are based on both fundamental and technical criteria. FTIF was launched on Mar 13, 2023 and is managed by First Trust.