Short Interest in First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Decreases By 32.8%

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 840 shares, a decline of 32.8% from the August 15th total of 1,250 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 4,071 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Equity Market Neutral ETF Stock Down 0.4%

Shares of NYSEARCA:NTRL opened at $21.44 on Friday. The company has a 50 day moving average price of $21.42 and a two-hundred day moving average price of $24.42. First Trust Equity Market Neutral ETF has a 52 week low of $19.75 and a 52 week 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.