First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Shares Shorted: Short Interest Up 271.4% in September

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 13,498 shares, an increase of 271.4% from the September 15th total of 3,634 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average daily volume of 21,388 shares, the short-interest ratio is presently 0.6 days.

First Trust Equity Market Neutral ETF Price Performance

Shares of NYSEARCA:NTRL traded down $0.12 on Friday, reaching $20.58. The company’s stock had a trading volume of 995 shares, compared to its average volume of 16,557. First Trust Equity Market Neutral ETF has a 52-week low of $19.78 and a 52-week high of $22.89. The stock’s 50-day moving average is $21.28 and its two-hundred day moving average is $23.74.

First Trust Equity Market Neutral ETF Company Profile

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.