Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Down 41.7% in June

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7,237 shares, a decrease of 41.7% from the May 31st total of 12,423 shares. Based on an average daily volume of 12,674 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the company’s stock are sold short.

Sparkline Intangible Value ETF Stock Performance

NYSEARCA:ITAN remained flat at $42.02 on Friday. The company’s stock had a trading volume of 1,899 shares, compared to its average volume of 8,173. Sparkline Intangible Value ETF has a 12 month low of $31.75 and a 12 month high of $43.07. The company has a 50-day moving average of $40.96 and a 200 day moving average of $38.64. The firm has a market capitalization of $92.86 million, a price-to-earnings 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.