Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Update

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 9,931 shares, a drop of 45.8% from the July 30th total of 18,321 shares. Based on an average trading volume of 7,111 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the shares of the stock are short sold.

Sparkline Intangible Value ETF Trading Down 1.0%

ITAN traded down $0.44 during midday trading on Tuesday, hitting $44.32. 9,554 shares of the company traded hands, compared to its average volume of 9,607. Sparkline Intangible Value ETF has a 52-week low of $33.33 and a 52-week high of $45.08. The business has a 50 day simple moving average of $43.03 and a two-hundred day simple moving average of $40.26. The company has a market capitalization of $115.23 million, a price-to-earnings ratio of 16.94 and a beta of 1.08.

Sparkline Intangible Value ETF Company Profile

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.