Short Interest in First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Grows By 215.5%

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 937 shares, a growth of 215.5% from the June 30th total of 297 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 19,155 shares, the days-to-cover ratio is presently 0.0 days.

First Trust Equity Market Neutral ETF Stock Performance

First Trust Equity Market Neutral ETF stock opened at $21.03 on Monday. The stock’s fifty day moving average price is $24.08 and its two-hundred day moving average price is $25.87. First Trust Equity Market Neutral ETF has a one year low of $19.75 and a one year high of $22.89.

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.