First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,367 shares, a drop of 62.0% from the June 15th total of 6,231 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily trading volume, of 2,471 shares, the days-to-cover ratio is currently 1.0 days.
First Trust Bloomberg Inflation Sensitive Equity ETF Price Performance
NYSEARCA:FTIF opened at $27.04 on Monday. First Trust Bloomberg Inflation Sensitive Equity ETF has a one year low of $21.11 and a one year high of $29.25. The company has a market cap of $5.41 million, a PE ratio of 17.44 and a beta of 0.66. The firm has a 50-day moving average of $27.83 and a 200-day moving average of $26.51.
Institutional Trading of First Trust Bloomberg Inflation Sensitive Equity ETF
An institutional investor recently bought a new position in First Trust Bloomberg Inflation Sensitive Equity ETF stock. International Assets Investment Management LLC bought a new stake in First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,575 shares of the company’s stock, valued at approximately $104,000. International Assets Investment Management LLC owned approximately 9.15% of First Trust Bloomberg Inflation Sensitive Equity ETF as of its most recent SEC filing.
First Trust Bloomberg Inflation Sensitive Equity ETF Company Profile
The First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US large- and mid-cap stocks considered to benefit directly or indirectly from inflation increases. Selection of individual holdings are based on both fundamental and technical criteria. FTIF was launched on Mar 13, 2023 and is managed by First Trust.
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