Short Interest in First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Increases By 130.2%

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,250 shares, a growth of 130.2% from the July 30th total of 543 shares. Based on an average daily trading volume, of 7,256 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

First Trust Equity Market Neutral ETF Stock Up 0.9%

NYSEARCA:NTRL traded up $0.19 during mid-day trading on Friday, hitting $21.77. The stock had a trading volume of 1,208 shares, compared to its average volume of 16,710. First Trust Equity Market Neutral ETF has a twelve month low of $19.75 and a twelve month high of $22.89. The stock has a 50-day simple moving average of $21.43 and a two-hundred day simple moving average of $24.95.

About First Trust Equity Market Neutral ETF

The Global X Carbon Credits Strategy ETF (NTRL) is an exchange-traded fund that is based on the ICE Global Carbon Futures index. The fund seeks to track a carbon credit futures index that weights holdings based on total dollar volume. The fund holds December futures contracts from four cap-and-trade programs. NTRL was launched on May 24, 2023 and is managed by Global X.