First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Sees Large Decrease in Short Interest

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 840 shares, a decrease of 32.8% from the August 15th total of 1,250 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,071 shares, the short-interest ratio is presently 0.2 days.

First Trust Equity Market Neutral ETF Trading Up 0.2%

NYSEARCA NTRL opened at $21.48 on Friday. First Trust Equity Market Neutral ETF has a fifty-two week low of $19.75 and a fifty-two week high of $22.89. The stock has a 50 day simple moving average of $21.43 and a two-hundred day simple moving average of $24.40.

About First Trust Equity Market Neutral ETF

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.