Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) Short Interest Down 60.6% in May

by · The Cerbat Gem

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 8,200 shares, a drop of 60.6% from the April 30th total of 20,808 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 14,889 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Gadsden Dynamic Multi-Asset ETF

An institutional investor recently bought a new position in Gadsden Dynamic Multi-Asset ETF stock. Ethos Financial Group LLC acquired a new position in Gadsden Dynamic Multi-Asset ETF (BATS:GDMA – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 98,699 shares of the company’s stock, valued at approximately $3,805,000. Ethos Financial Group LLC owned 2.32% of Gadsden Dynamic Multi-Asset ETF at the end of the most recent reporting period.

Gadsden Dynamic Multi-Asset ETF Trading Down 0.1%

BATS GDMA opened at $41.63 on Friday. The company has a fifty day simple moving average of $41.31 and a two-hundred day simple moving average of $40.69. The stock has a market cap of $152.37 million, a P/E ratio of 18.40 and a beta of 0.10. Gadsden Dynamic Multi-Asset ETF has a 12-month low of $32.97 and a 12-month high of $43.32.

Gadsden Dynamic Multi-Asset ETF Company Profile

(Get Free Report)

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.

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