First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Short Interest Down 32.8% in August

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 840 shares, a decrease of 32.8% from the August 15th total of 1,250 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 4,071 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Equity Market Neutral ETF Stock Down 0.4%

Shares of NYSEARCA:NTRL traded down $0.08 during midday trading on Thursday, reaching $21.44. The company had a trading volume of 3,375 shares, compared to its average volume of 16,685. The stock’s fifty day moving average price is $21.41 and its 200-day moving average price is $24.46. First Trust Equity Market Neutral ETF has a one year low of $19.75 and a one year high of $22.89.

About First Trust Equity Market Neutral ETF

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.