Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) Short Interest Update

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 3,057 shares, a decline of 86.2% from the July 15th total of 22,226 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 34,578 shares, the short-interest ratio is presently 0.1 days.

Gadsden Dynamic Multi-Asset ETF Stock Performance

Shares of GDMA stock opened at $42.77 on Thursday. Gadsden Dynamic Multi-Asset ETF has a 52-week low of $35.50 and a 52-week high of $44.04. The stock has a market cap of $156.54 million, a price-to-earnings ratio of 18.40 and a beta of 0.10. The firm’s 50-day moving average is $42.15 and its 200-day moving average is $41.77.

Institutional Trading of Gadsden Dynamic Multi-Asset ETF

A hedge fund recently bought a new stake in Gadsden Dynamic Multi-Asset ETF stock. Redwood Wealth Management Group LLC bought a new position in shares of Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,693 shares of the company’s stock, valued at approximately $313,000. Redwood Wealth Management Group LLC owned 0.21% of Gadsden Dynamic Multi-Asset ETF at the end of the most recent quarter.

Gadsden Dynamic Multi-Asset ETF Company Profile

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.