First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Shares Shorted: Short Interest Up 271.4% in September

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 13,498 shares, an increase of 271.4% from the September 15th total of 3,634 shares. Based on an average daily volume of 21,388 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.9% of the shares of the company are sold short.

First Trust Equity Market Neutral ETF Price Performance

Shares of NTRL traded up $0.12 during trading hours on Monday, reaching $20.70. 8,338 shares of the company’s stock traded hands, compared to its average volume of 16,514. First Trust Equity Market Neutral ETF has a twelve month low of $19.78 and a twelve month high of $22.89. The business’s fifty day simple moving average is $21.26 and its two-hundred day simple moving average is $23.68.

First Trust Equity Market Neutral ETF Company Profile

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.