First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Short Interest Down 32.8% in August

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 840 shares, a drop of 32.8% from the August 15th total of 1,250 shares. Based on an average daily trading volume, of 4,071 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Equity Market Neutral ETF Price Performance

Shares of NTRL traded down $0.08 during mid-day trading on Thursday, hitting $21.44. The stock had a trading volume of 3,375 shares, compared to its average volume of 16,685. The company’s fifty day simple moving average is $21.41 and its two-hundred day simple moving average is $24.46. First Trust Equity Market Neutral ETF has a fifty-two week low of $19.75 and a fifty-two week high of $22.89.

About First Trust Equity Market Neutral ETF

The Global X Carbon Credits Strategy ETF (NTRL) is an exchange-traded fund that is based on the ICE Global Carbon Futures index. The fund seeks to track a carbon credit futures index that weights holdings based on total dollar volume. The fund holds December futures contracts from four cap-and-trade programs. NTRL was launched on May 24, 2023 and is managed by Global X.