Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Down 40.8% in June

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,283 shares, a decrease of 40.8% from the June 15th total of 7,237 shares. Based on an average trading volume of 7,127 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short.

Sparkline Intangible Value ETF Price Performance

Shares of NYSEARCA:ITAN opened at $41.77 on Friday. Sparkline Intangible Value ETF has a 1-year low of $31.75 and a 1-year high of $43.07. The business has a fifty day moving average price of $41.59 and a 200-day moving average price of $39.00. The company has a market capitalization of $95.24 million, a PE ratio of 16.94 and a beta of 1.08.

Sparkline Intangible Value ETF Company Profile

The Sparkline Intangible Value ETF (ITAN) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund comprised of US-listed companies the fund adviser believes to be attractive in terms of intangible assets. ITAN was launched on Jun 29, 2021 and is managed by Sparkline.