ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Short Interest Up 6,900.0% in February

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 140 shares, a growth of 6,900.0% from the January 29th total of 2 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 632 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 632 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Stock Performance

Shares of NYSEARCA:IFED opened at $43.82 on Thursday. The business has a 50 day moving average price of $45.39 and a 200 day moving average price of $45.79. ETRACS IFED Invest with the Fed TR Index ETN has a twelve month low of $34.30 and a twelve month high of $52.00.

About ETRACS IFED Invest with the Fed TR Index ETN

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.