Short Interest in Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Drops By 33.8%

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,847 shares, a drop of 33.8% from the August 15th total of 14,868 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 4,744 shares, the days-to-cover ratio is currently 2.1 days.

Virtus Alpha Simplex Managed Futures ETF Price Performance

Virtus Alpha Simplex Managed Futures ETF stock traded up $0.04 during mid-day trading on Thursday, reaching $26.86. 5,166 shares of the company traded hands, compared to its average volume of 5,928. The firm’s 50 day moving average price is $26.04 and its 200 day moving average price is $25.86. The firm has a market capitalization of $53.69 million, a price-to-earnings ratio of 15.22 and a beta of 0.24. Virtus Alpha Simplex Managed Futures ETF has a 52-week low of $22.96 and a 52-week high of $26.95.

About Virtus Alpha Simplex Managed Futures ETF

The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.