First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 8,515 shares, an increase of 158.0% from the April 15th total of 3,301 shares. Based on an average trading volume of 2,541 shares, the short-interest ratio is currently 3.4 days. Currently, 5.7% of the company’s shares are short sold.
First Trust Bloomberg Inflation Sensitive Equity ETF Price Performance
Shares of First Trust Bloomberg Inflation Sensitive Equity ETF stock opened at $28.27 on Friday. The stock has a market capitalization of $4.24 million, a price-to-earnings ratio of 17.44 and a beta of 0.69. The business has a 50-day moving average of $27.25 and a 200 day moving average of $25.01. First Trust Bloomberg Inflation Sensitive Equity ETF has a 12 month low of $20.50 and a 12 month high of $29.25.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in First Trust Bloomberg Inflation Sensitive Equity ETF stock. International Assets Investment Management LLC acquired a new stake in First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,575 shares of the company’s stock, valued at approximately $104,000. International Assets Investment Management LLC owned approximately 9.15% of First Trust Bloomberg Inflation Sensitive Equity ETF as of its most recent filing with the Securities & Exchange Commission.
About First Trust Bloomberg Inflation Sensitive Equity ETF
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.
See Also
- Five stocks we like better than First Trust Bloomberg Inflation Sensitive Equity ETF
- McDonald’s Is the Cheapest It’s Been in Years—Does That Make It a Buy?
- Karman: Defense Darling’s Outlook Strengthens After 40% Drop
- Aeluma’s Post-Earnings Dip Creates a Buying Opportunity
- Be Ready: 3 Upcoming Catalysts Could Drive Oracle to Record Highs
Receive News & Ratings for First Trust Bloomberg Inflation Sensitive Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Bloomberg Inflation Sensitive Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
