Short Interest in ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Expands By 356.2%

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFEDGet Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 333 shares, an increase of 356.2% from the April 30th total of 73 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 153 shares, the short-interest ratio is presently 2.2 days.

ETRACS IFED Invest with the Fed TR Index ETN Price Performance

NYSEARCA:IFED opened at $44.46 on Friday. ETRACS IFED Invest with the Fed TR Index ETN has a twelve month low of $38.91 and a twelve month high of $52.00. The company’s 50 day moving average is $42.39 and its two-hundred day moving average is $44.26.

About ETRACS IFED Invest with the Fed TR Index ETN

(Get Free Report)

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.

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