ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Down 83.0% in January

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 9 shares, a decline of 83.0% from the December 31st total of 53 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 64 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 64 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Stock Down 1.2%

IFED traded down $0.54 during trading hours on Thursday, hitting $44.93. The company’s stock had a trading volume of 210 shares, compared to its average volume of 117. ETRACS IFED Invest with the Fed TR Index ETN has a fifty-two week low of $34.30 and a fifty-two week high of $52.00. The company has a 50-day simple moving average of $46.28 and a 200 day simple moving average of $45.93.

ETRACS IFED Invest with the Fed TR Index ETN Company Profile

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.