Gotham 1000 Value ETF (NYSEARCA:GVLU) Sees Large Decline in Short Interest

Gotham 1000 Value ETF (NYSEARCA:GVLU) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 41,994 shares, a decrease of 37.7% from the June 30th total of 67,410 shares. Based on an average trading volume of 5,250 shares, the short-interest ratio is currently 8.0 days. Approximately 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On Gotham 1000 Value ETF

A number of large investors have recently made changes to their positions in GVLU. Fiduciary Alliance LLC lifted its stake in shares of Gotham 1000 Value ETF by 6.1% in the fourth quarter. Fiduciary Alliance LLC now owns 36,408 shares of the company’s stock valued at $897,000 after purchasing an additional 2,085 shares during the period. Hara Capital LLC boosted its holdings in Gotham 1000 Value ETF by 4.6% during the fourth quarter. Hara Capital LLC now owns 11,300 shares of the company’s stock worth $279,000 after buying an additional 500 shares in the last quarter. Finally, Sankala Group LLC acquired a new position in Gotham 1000 Value ETF during the fourth quarter worth about $157,000.

Gotham 1000 Value ETF Stock Performance

NYSEARCA:GVLU traded down $0.25 during trading hours on Thursday, hitting $28.00. The company’s stock had a trading volume of 7,531 shares, compared to its average volume of 5,913. The business’s 50-day moving average is $26.69 and its two-hundred day moving average is $26.16. The company has a market capitalization of $249.20 million, a PE ratio of 13.28 and a beta of 0.93. Gotham 1000 Value ETF has a 52-week low of $23.71 and a 52-week high of $28.49.

Gotham 1000 Value ETF Company Profile

The Gotham 1000 Value ETF (GVLU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF consisting of large- and mid-cap value stocks from the United States. GVLU was launched on Jun 7, 2022 and is managed by Gotham.