Stratified LargeCap Hedged ETF (NYSEARCA:SHUS) Sees Significant Growth in Short Interest

Stratified LargeCap Hedged ETF (NYSEARCA:SHUS) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 3 shares, an increase of 200.0% from the September 30th total of 1 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,029 shares, the days-to-cover ratio is presently 0.0 days.

Stratified LargeCap Hedged ETF Stock Down 0.5%

NYSEARCA SHUS traded down $0.27 during trading on Friday, hitting $52.34. 71 shares of the stock traded hands, compared to its average volume of 1,030. The firm has a 50-day simple moving average of $51.33 and a 200-day simple moving average of $49.63. Stratified LargeCap Hedged ETF has a 12-month low of $44.55 and a 12-month high of $52.65. The company has a market capitalization of $25.12 million, a P/E ratio of 19.44 and a beta of 0.59.

About Stratified LargeCap Hedged ETF

The Syntax Stratified U.S. Total Market Hedged ETF (SHUS) is an exchange-traded fund that is based on the SP Composite 1500 index. The fund aims to provide capital growth from an actively managed fund of funds portfolio composed of three stratified-weight US ETFs, while seeking to reduce market risk through a defined risk hedging process. SHUS was launched on Jun 15, 2021 and is managed by Syntax.