Short Interest in Gotham Short Strategies ETF (NYSEARCA:SHRT) Grows By 472.9%

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,898 shares, a growth of 472.9% from the August 15th total of 855 shares. Based on an average trading volume of 5,485 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

Gotham Short Strategies ETF Stock Down 0.1%

SHRT traded down $0.01 during mid-day trading on Friday, reaching $6.71. 5,990 shares of the company traded hands, compared to its average volume of 9,234. Gotham Short Strategies ETF has a 52-week low of $6.07 and a 52-week high of $7.65. The stock has a market capitalization of $15.03 million, a P/E ratio of 16.97 and a beta of -0.60. The company’s fifty day moving average price is $6.55 and its 200-day moving average price is $6.72.

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.