First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 8,515 shares, an increase of 158.0% from the April 15th total of 3,301 shares. Based on an average daily trading volume, of 2,541 shares, the short-interest ratio is currently 3.4 days. Approximately 5.7% of the shares of the company are sold short.
First Trust Bloomberg Inflation Sensitive Equity ETF Stock Down 0.4%
NYSEARCA FTIF traded down $0.10 during trading hours on Friday, reaching $28.17. The company’s stock had a trading volume of 1,022 shares, compared to its average volume of 3,519. The firm’s 50-day moving average price is $27.28 and its 200-day moving average price is $25.03. First Trust Bloomberg Inflation Sensitive Equity ETF has a 1 year low of $20.50 and a 1 year high of $29.25. The company has a market capitalization of $4.23 million, a price-to-earnings ratio of 17.44 and a beta of 0.69.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in First Trust Bloomberg Inflation Sensitive Equity ETF stock. International Assets Investment Management LLC purchased a new position in First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,575 shares of the company’s stock, valued at approximately $104,000. International Assets Investment Management LLC owned approximately 9.15% of First Trust Bloomberg Inflation Sensitive Equity ETF at the end of the most recent quarter.
First Trust Bloomberg Inflation Sensitive Equity ETF Company Profile
The First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an equal-weighted index of US large- and mid-cap stocks considered to benefit directly or indirectly from inflation increases. Selection of individual holdings are based on both fundamental and technical criteria. FTIF was launched on Mar 13, 2023 and is managed by First Trust.
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