SoFi Next 500 ETF (NYSEARCA:SFYX) Short Interest Update

SoFi Next 500 ETF (NYSEARCA:SFYX) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 9,352 shares, an increase of 507.7% from the December 31st total of 1,539 shares. Based on an average daily trading volume, of 6,554 shares, the short-interest ratio is currently 1.4 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 6,554 shares, the short-interest ratio is currently 1.4 days.

SoFi Next 500 ETF Price Performance

NYSEARCA SFYX opened at $17.14 on Friday. The firm’s fifty day moving average price is $16.66 and its 200 day moving average price is $16.07. SoFi Next 500 ETF has a 12 month low of $11.57 and a 12 month high of $17.91. The company has a market capitalization of $27.42 million, a price-to-earnings ratio of 20.12 and a beta of 1.14.

About SoFi Next 500 ETF

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.