Gotham Short Strategies ETF (NYSEARCA:SHRT) Short Interest Update

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 372 shares, a drop of 42.3% from the April 15th total of 645 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 7,066 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Gotham Short Strategies ETF

A hedge fund recently raised its stake in Gotham Short Strategies ETF stock. Hara Capital LLC increased its stake in Gotham Short Strategies ETF (NYSEARCA:SHRT) by 59.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,727 shares of the company’s stock after acquiring an additional 17,446 shares during the period. Hara Capital LLC owned approximately 1.93% of Gotham Short Strategies ETF worth $356,000 at the end of the most recent reporting period.

Gotham Short Strategies ETF Price Performance

Shares of NYSEARCA SHRT traded up $0.05 during mid-day trading on Friday, hitting $6.44. The company had a trading volume of 6,487 shares, compared to its average volume of 9,654. The company has a market capitalization of $16.23 million, a PE ratio of 16.97 and a beta of -0.61. Gotham Short Strategies ETF has a 1-year low of $6.39 and a 1-year high of $8.19. The business’s 50-day simple moving average is $7.08 and its 200 day simple moving average is $7.26.

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.