First Trust Bloomberg Inflation Sensitive Equity ETF (NYSEARCA:FTIF – Get Free Report) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 3,972 shares, a growth of 3,415.0% from the October 15th total of 113 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average daily volume of 2,041 shares, the short-interest ratio is presently 1.9 days.
First Trust Bloomberg Inflation Sensitive Equity ETF Trading Up 0.4%
NYSEARCA FTIF traded up $0.12 on Tuesday, hitting $28.96. 31 shares of the company traded hands, compared to its average volume of 2,325. The business’s 50 day moving average price is $29.07 and its 200-day moving average price is $27.80. First Trust Bloomberg Inflation Sensitive Equity ETF has a 52-week low of $21.56 and a 52-week high of $30.37. The company has a market capitalization of $5.79 million, a price-to-earnings ratio of 14.58 and a beta of 0.62.
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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