First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) Sees Large Decrease in Short Interest

First Trust Equity Market Neutral ETF (NYSEARCA:NTRL) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 543 shares, a decrease of 42.0% from the July 15th total of 937 shares. Based on an average daily volume of 18,168 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are short sold.

First Trust Equity Market Neutral ETF Price Performance

NTRL opened at $21.28 on Monday. First Trust Equity Market Neutral ETF has a 12-month low of $19.75 and a 12-month high of $22.89. The firm’s fifty day moving average price is $22.48 and its 200 day moving average price is $25.31.

First Trust Equity Market Neutral ETF Company Profile

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.