Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Large Decline in Short Interest

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 3,894 shares, a decrease of 54.6% from the May 14th total of 8,581 shares. Based on an average daily volume of 7,138 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Gotham Enhanced 500 ETF Trading Up 0.4%

Shares of Gotham Enhanced 500 ETF stock traded up $0.16 during trading hours on Friday, hitting $40.37. 1,873 shares of the company were exchanged, compared to its average volume of 2,612. The business has a 50-day moving average of $39.18 and a 200-day moving average of $37.72. The stock has a market capitalization of $712.53 million, a price-to-earnings ratio of 22.50 and a beta of 0.98. Gotham Enhanced 500 ETF has a 1 year low of $32.48 and a 1 year high of $41.26.

Gotham Enhanced 500 ETF Company Profile

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.