First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Stock Short Interest Jumps 332.6%

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 3,634 shares, a growth of 332.6% from the August 31st total of 840 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily volume of 20,884 shares, the short-interest ratio is presently 0.2 days.

First Trust Equity Market Neutral ETF Price Performance

First Trust Equity Market Neutral ETF stock traded up $0.16 during mid-day trading on Friday, reaching $20.21. 17,110 shares of the company’s stock were exchanged, compared to its average volume of 16,435. First Trust Equity Market Neutral ETF has a twelve month low of $19.75 and a twelve month high of $22.89. The company has a fifty day moving average of $21.45 and a 200-day moving average of $24.22.

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.