ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Update

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 56 shares, a growth of 180.0% from the November 30th total of 20 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 189 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 189 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Stock Up 0.5%

Shares of ETRACS IFED Invest with the Fed TR Index ETN stock traded up $0.22 during trading hours on Friday, reaching $46.97. The company’s stock had a trading volume of 47 shares, compared to its average volume of 311. The stock’s fifty day simple moving average is $46.30 and its two-hundred day simple moving average is $45.60. ETRACS IFED Invest with the Fed TR Index ETN has a one year low of $34.30 and a one year high of $52.00.

ETRACS IFED Invest with the Fed TR Index ETN Company Profile

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.