Short Interest in ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Rises By 180.0%

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 56 shares, a growth of 180.0% from the November 30th total of 20 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 189 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 189 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

ETRACS IFED Invest with the Fed TR Index ETN Stock Up 0.5%

IFED stock traded up $0.22 during midday trading on Friday, hitting $46.97. The company’s stock had a trading volume of 47 shares, compared to its average volume of 311. The stock’s 50-day moving average price is $46.30 and its 200 day moving average price is $45.60. ETRACS IFED Invest with the Fed TR Index ETN has a 1 year low of $34.30 and a 1 year high of $52.00.

ETRACS IFED Invest with the Fed TR Index ETN Company Profile

The ETRACS IFED Invest with the Fed TR Index ETN (IFED) is an exchange-traded fund that is based on the IFED Large-Cap US Equity index. The fund tracks a total return index of large-cap US equities that the issuer believes will benefit from the prevailing monetary environment. The fund uses multiple fundamental factors to select and weight securities for inclusion. IFED was launched on Sep 14, 2021 and is issued by UBS.