First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Sees Significant Increase in Short Interest

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 13,498 shares, a growth of 271.4% from the September 15th total of 3,634 shares. Based on an average daily trading volume, of 21,388 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.9% of the company’s stock are sold short.

First Trust Equity Market Neutral ETF Trading Up 0.5%

NYSEARCA:NTRL traded up $0.10 during trading hours on Tuesday, reaching $20.80. 8,338 shares of the stock were exchanged, compared to its average volume of 16,514. First Trust Equity Market Neutral ETF has a 52 week low of $19.78 and a 52 week high of $22.89. The firm has a 50 day simple moving average of $21.26 and a 200-day simple moving average of $23.68.

First Trust Equity Market Neutral ETF Company Profile

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.