First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Shares Shorted: Short Interest Down 52.1% in October

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 6,472 shares, a decrease of 52.1% from the September 30th total of 13,498 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 2,587 shares, the short-interest ratio is currently 2.5 days.

First Trust Equity Market Neutral ETF Stock Down 0.7%

Shares of NYSEARCA NTRL traded down $0.14 during mid-day trading on Friday, reaching $20.93. 6,218 shares of the company’s stock traded hands, compared to its average volume of 15,703. First Trust Equity Market Neutral ETF has a 1-year low of $19.88 and a 1-year high of $22.89. The business has a 50-day simple moving average of $21.13 and a 200 day simple moving average of $24.25.

First Trust Equity Market Neutral ETF Company Profile

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.