First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Sees Large Decline in Short Interest

Posted by Jessica Moore on Aug 14th, 2026

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY – Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 28,792 shares, a drop of 62.4% from the July 15th total of 76,635 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average trading volume of 38,514 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of First Trust India NIFTY 50 Equal Weight ETF

Several hedge funds have recently added to or reduced their stakes in the business. Arax Advisory Partners acquired a new stake in First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter valued at approximately $52,000. Rockefeller Capital Management L.P. lifted its holdings in shares of First Trust India NIFTY 50 Equal Weight ETF by 450.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 920 shares of the company’s stock worth $54,000 after buying an additional 753 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of First Trust India NIFTY 50 Equal Weight ETF by 75.3% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,374 shares of the company’s stock valued at $80,000 after acquiring an additional 590 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the first quarter worth $127,000. Finally, Western Wealth Management LLC acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter worth $203,000.

First Trust India NIFTY 50 Equal Weight ETF Price Performance

NFTY stock opened at $54.69 on Friday. First Trust India NIFTY 50 Equal Weight ETF has a 52-week low of $49.62 and a 52-week high of $60.70. The company has a 50-day moving average of $53.83 and a two-hundred day moving average of $54.24. The stock has a market capitalization of $117.58 million, a price-to-earnings ratio of 24.33 and a beta of 0.45.

About First Trust India NIFTY 50 Equal Weight ETF

(Get Free Report)

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.