Short Interest in First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Grows By 130.2%

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,250 shares, an increase of 130.2% from the July 30th total of 543 shares. Based on an average daily trading volume, of 7,256 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold.

First Trust Equity Market Neutral ETF Trading Up 0.9%

NTRL traded up $0.19 during trading on Friday, hitting $21.77. 1,208 shares of the stock traded hands, compared to its average volume of 16,710. The firm has a 50-day moving average of $21.43 and a 200 day moving average of $24.95. First Trust Equity Market Neutral ETF has a 12-month low of $19.75 and a 12-month high of $22.89.

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.