ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Up 6,900.0% in February

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 140 shares, a growth of 6,900.0% from the January 29th total of 2 shares. Based on an average trading volume of 632 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 632 shares, the days-to-cover ratio is presently 0.2 days.

ETRACS IFED Invest with the Fed TR Index ETN Trading Up 0.8%

IFED stock traded up $0.33 on Wednesday, reaching $43.82. 4 shares of the company were exchanged, compared to its average volume of 320. ETRACS IFED Invest with the Fed TR Index ETN has a 12 month low of $34.30 and a 12 month high of $52.00. The stock’s fifty day moving average price is $45.44 and its 200 day moving average price is $45.80.

About ETRACS IFED Invest with the Fed TR Index ETN

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.