Gotham Short Strategies ETF (NYSEARCA:SHRT) Sees Significant Drop in Short Interest

Gotham Short Strategies ETF (NYSEARCA:SHRT) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 170 shares, a drop of 57.1% from the July 15th total of 396 shares. Based on an average daily trading volume, of 34,571 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Gotham Short Strategies ETF Stock Performance

NYSEARCA SHRT traded up $0.06 during mid-day trading on Friday, reaching $6.47. 696 shares of the stock were exchanged, compared to its average volume of 9,567. The business’s fifty day simple moving average is $6.44 and its 200 day simple moving average is $6.79. Gotham Short Strategies ETF has a 1-year low of $6.07 and a 1-year high of $7.80. The stock has a market capitalization of $14.49 million, a PE ratio of 16.97 and a beta of -0.60.

Gotham Short Strategies ETF Company Profile

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.