ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Update

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 56 shares, an increase of 180.0% from the November 30th total of 20 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 189 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 189 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Price Performance

Shares of IFED traded up $0.07 on Friday, hitting $46.97. The company’s stock had a trading volume of 21 shares, compared to its average volume of 310. The firm’s fifty day moving average price is $46.31 and its 200-day moving average price is $45.62. ETRACS IFED Invest with the Fed TR Index ETN has a fifty-two week low of $34.30 and a fifty-two week high of $52.00.

ETRACS IFED Invest with the Fed TR Index ETN Company Profile

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.