SoFi Social 50 ETF (NYSEARCA:SFYF) Short Interest Update

SoFi Social 50 ETF (NYSEARCA:SFYF) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 3,061 shares, a drop of 51.5% from the December 31st total of 6,316 shares. Based on an average trading volume of 8,299 shares, the short-interest ratio is currently 0.4 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 8,299 shares, the short-interest ratio is currently 0.4 days.

SoFi Social 50 ETF Price Performance

SoFi Social 50 ETF stock traded down $0.30 during mid-day trading on Friday, hitting $54.97. The company’s stock had a trading volume of 2,957 shares, compared to its average volume of 6,978. The company has a market cap of $40.13 million, a PE ratio of 31.66 and a beta of 1.53. The firm’s 50 day moving average is $56.13 and its 200 day moving average is $53.90. SoFi Social 50 ETF has a 52-week low of $32.74 and a 52-week high of $58.11.

SoFi Social 50 ETF Company Profile

The SoFi Social 50 ETF (SFYF) is an exchange-traded fund that is based on the SoFi Social 50 index. The fund tracks an index of 50 US listed stocks most widely held in self-directed brokerage accounts of SoFi Securities based on highest weighted average value. SFYF was launched on May 8, 2019 and is managed by SoFi.