ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) Stock Short Interest Climbs 150.0%

ETRACS IFED Invest with the Fed TR Index ETN (NYSEARCA:IFED) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 5 shares, an increase of 150.0% from the August 31st total of 2 shares. Based on an average daily volume of 1,660 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

ETRACS IFED Invest with the Fed TR Index ETN Price Performance

IFED stock traded down $0.45 during trading on Monday, reaching $46.45. 252 shares of the stock were exchanged, compared to its average volume of 819. The business has a 50 day moving average price of $47.93 and a 200-day moving average price of $44.82. ETRACS IFED Invest with the Fed TR Index ETN has a 1 year low of $38.91 and a 1 year high of $55.20.

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.