Short Interest in ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Expands By 329.9%

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFEDGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,436 shares, an increase of 329.9% from the May 31st total of 334 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,277 shares, the short-interest ratio is currently 1.1 days.

ETRACS IFED Invest with the Fed TR Index ETN Price Performance

NYSEARCA IFED opened at $44.05 on Monday. The firm’s fifty day moving average price is $43.80 and its two-hundred day moving average price is $44.11. ETRACS IFED Invest with the Fed TR Index ETN has a 1 year low of $38.91 and a 1 year high of $52.00.

ETRACS IFED Invest with the Fed TR Index ETN Company Profile

(Get Free Report)

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.

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