ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 37 shares, a growth of 1,133.3% from the October 15th total of 3 shares. Based on an average daily volume of 920 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.
ETRACS IFED Invest with the Fed TR Index ETN Stock Performance
Shares of IFED traded up $1.20 during mid-day trading on Tuesday, reaching $55.00. The company had a trading volume of 336 shares, compared to its average volume of 882. The firm has a 50-day moving average price of $47.35 and a 200 day moving average price of $45.14. ETRACS IFED Invest with the Fed TR Index ETN has a 52 week low of $38.91 and a 52 week high of $55.57.
About ETRACS IFED Invest with the Fed TR Index ETN
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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