First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) Short Interest Down 39.7% in March

Posted by Amy Steele on Mar 29th, 2025

First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY – Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 3,800 shares, a drop of 39.7% from the February 28th total of 6,300 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 33,600 shares, the days-to-cover ratio is presently 0.1 days.

First Trust India NIFTY 50 Equal Weight ETF Trading Down 1.2 %

NASDAQ NFTY traded down $0.65 on Friday, hitting $55.46. 33,334 shares of the company’s stock were exchanged, compared to its average volume of 30,256. The stock has a 50-day moving average of $54.20 and a 200-day moving average of $57.87. The stock has a market cap of $227.39 million, a price-to-earnings ratio of 23.73 and a beta of 0.80. First Trust India NIFTY 50 Equal Weight ETF has a 52 week low of $51.57 and a 52 week high of $65.90.

Hedge Funds Weigh In On First Trust India NIFTY 50 Equal Weight ETF

A number of institutional investors have recently modified their holdings of the business. Castlekeep Investment Advisors LLC bought a new position in First Trust India NIFTY 50 Equal Weight ETF in the fourth quarter valued at about $40,569,000. Raymond James Financial Inc. acquired a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF in the 4th quarter valued at approximately $9,339,000. Prasad Wealth Partners LLC bought a new stake in shares of First Trust India NIFTY 50 Equal Weight ETF during the 4th quarter valued at approximately $7,322,000. Jane Street Group LLC increased its position in First Trust India NIFTY 50 Equal Weight ETF by 1,068.7% during the 4th quarter. Jane Street Group LLC now owns 142,727 shares of the company’s stock worth $7,991,000 after purchasing an additional 130,515 shares in the last quarter. Finally, Benjamin Edwards Inc. bought a new position in First Trust India NIFTY 50 Equal Weight ETF in the 3rd quarter valued at approximately $3,866,000.

About First Trust India NIFTY 50 Equal Weight ETF

(Get Free Report)

The First Trust India NIFTY 50 Equal Weight ETF (NFTY) is an exchange-traded fund that is based on the NIFTY 50 Equal Weight index. The fund tracks an equally weighted index of the 50 largest and most liquid Indian equity securities. NFTY was launched on Feb 14, 2012 and is managed by First Trust.