Sparkline Intangible Value ETF (NYSEARCA:ITAN) Short Interest Update

Sparkline Intangible Value ETF (NYSEARCA:ITAN) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 18,321 shares, an increase of 96.1% from the July 15th total of 9,342 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 32,117 shares, the short-interest ratio is currently 0.6 days.

Sparkline Intangible Value ETF Price Performance

Shares of ITAN traded down $0.63 during trading hours on Monday, hitting $44.38. The stock had a trading volume of 11,564 shares, compared to its average volume of 9,999. Sparkline Intangible Value ETF has a 12 month low of $33.04 and a 12 month high of $45.08. The firm has a market capitalization of $115.39 million, a PE ratio of 16.94 and a beta of 1.08. The stock has a fifty day moving average price of $42.38 and a 200 day moving average price of $39.75.

About Sparkline Intangible Value ETF

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.