First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF) Short Interest Down 63.6% in August

First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 86 shares, a drop of 63.6% from the August 15th total of 236 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 539 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Bloomberg Inflation Sensitive Equity ETF Stock Up 0.1%

Shares of FTIF traded up $0.04 during trading hours on Friday, reaching $29.45. The stock had a trading volume of 981 shares, compared to its average volume of 2,552. First Trust Bloomberg Inflation Sensitive Equity ETF has a 52 week low of $21.37 and a 52 week high of $30.00. The firm has a 50-day moving average of $28.52 and a 200 day moving average of $27.81. The company has a market cap of $5.89 million, a P/E ratio of 17.44 and a beta of 0.65.

Institutional Investors Weigh In On First Trust Bloomberg Inflation Sensitive Equity ETF

A hedge fund recently bought a new position 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) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 4,575 shares of the company’s stock, valued at approximately $104,000. International Assets Investment Management LLC owned 9.15% of First Trust Bloomberg Inflation Sensitive Equity ETF as of its most recent filing with the SEC.

First Trust Bloomberg Inflation Sensitive Equity ETF Company Profile

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.