Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Update

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 9,931 shares, a decrease of 45.8% from the July 30th total of 18,321 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 7,111 shares, the short-interest ratio is presently 1.4 days.

Sparkline Intangible Value ETF Stock Up 0.0%

Shares of ITAN traded up $0.01 during trading hours on Friday, reaching $45.01. 6,132 shares of the company traded hands, compared to its average volume of 9,690. Sparkline Intangible Value ETF has a 12 month low of $33.33 and a 12 month high of $45.08. The company’s fifty day moving average price is $42.97 and its two-hundred day moving average price is $40.20. The company has a market capitalization of $117.03 million, a price-to-earnings ratio of 16.94 and a beta of 1.08.

Sparkline Intangible Value ETF Company Profile

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.