Gotham Short Strategies ETF (NYSEARCA:SHRT) Short Interest Update
by Michael Walen · The Markets DailyGotham Short Strategies ETF (NYSEARCA:SHRT – Get Free Report) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 396 shares, a decrease of 43.3% from the June 30th total of 699 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,582 shares, the short-interest ratio is currently 0.2 days.
Gotham Short Strategies ETF Trading Down 1.5%
Shares of Gotham Short Strategies ETF stock traded down $0.10 on Friday, reaching $6.60. 272,439 shares of the company were exchanged, compared to its average volume of 10,000. Gotham Short Strategies ETF has a fifty-two week low of $6.07 and a fifty-two week high of $7.80. The firm has a market capitalization of $14.98 million, a price-to-earnings ratio of 16.97 and a beta of -0.57. The stock has a fifty day moving average price of $6.42 and a 200-day moving average price of $6.86.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Gotham Short Strategies ETF stock. Hara Capital LLC lifted its position in Gotham Short Strategies ETF (NYSEARCA:SHRT – Free Report) by 59.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,727 shares of the company’s stock after acquiring an additional 17,446 shares during the quarter. Hara Capital LLC owned approximately 1.93% of Gotham Short Strategies ETF worth $356,000 as of its most recent filing with the SEC.
About Gotham Short Strategies ETF
The Gotham Short Strategies ETF (SHRT) is an exchange-traded fund that mostly invests in total market equity. The fund takes both long and short positions in US-listed stocks and swaps. The actively managed fund will typically be 50% net short exposure. SHRT was launched on Feb 1, 2008 and is issued by Tidal.