ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Update

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 5 shares, an increase of 150.0% from the August 31st total of 2 shares. Based on an average trading volume of 1,660 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Trading Down 0.8%

ETRACS IFED Invest with the Fed TR Index ETN stock traded down $0.38 during midday trading on Friday, reaching $46.52. The stock had a trading volume of 3,641 shares, compared to its average volume of 823. ETRACS IFED Invest with the Fed TR Index ETN has a 12 month low of $38.91 and a 12 month high of $55.20. The firm’s 50-day moving average price is $47.93 and its 200 day moving average price is $44.81.

About ETRACS IFED Invest with the Fed TR Index ETN

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.