Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Sees Large Drop in Short Interest

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) was the recipient of a significant drop in short interest in December. As of December 15th, there was short interest totaling 6 shares, a drop of 98.3% from the November 30th total of 350 shares. Based on an average daily volume of 6,847 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 6,847 shares, the days-to-cover ratio is presently 0.0 days.

Virtus Alpha Simplex Managed Futures ETF Trading Up 1.0%

Shares of NYSEARCA:ASMF traded up $0.23 during trading on Friday, reaching $24.26. The company’s stock had a trading volume of 2,276 shares, compared to its average volume of 14,609. The stock has a market capitalization of $27.90 million, a PE ratio of 15.22 and a beta of 0.28. Virtus Alpha Simplex Managed Futures ETF has a 12 month low of $21.82 and a 12 month high of $24.39. The firm’s 50 day simple moving average is $23.55 and its two-hundred day simple moving average is $23.05.

Institutional Trading of Virtus Alpha Simplex Managed Futures ETF

Several hedge funds and other institutional investors have recently bought and sold shares of ASMF. Jane Street Group LLC increased its position in Virtus Alpha Simplex Managed Futures ETF by 136.9% during the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock valued at $706,000 after acquiring an additional 17,565 shares during the last quarter. Johnson & White Wealth Management LLC purchased a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the 2nd quarter worth about $444,000. Abbington Investment Group bought a new position in Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter valued at about $2,163,000. R. W. Roge & Company Inc. grew its holdings in Virtus Alpha Simplex Managed Futures ETF by 153.1% during the 2nd quarter. R. W. Roge & Company Inc. now owns 159,287 shares of the company’s stock valued at $3,595,000 after purchasing an additional 96,342 shares during the last quarter. Finally, A&I Financial Services LLC purchased a new stake in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter worth about $8,749,000.

Virtus Alpha Simplex Managed Futures ETF Company Profile

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.