Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) Short Interest Up 71.4% in July

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 22,226 shares, a growth of 71.4% from the June 30th total of 12,970 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 19,781 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On Gadsden Dynamic Multi-Asset ETF

A hedge fund recently bought a new position in Gadsden Dynamic Multi-Asset ETF stock. Ethos Financial Group LLC bought a new stake in Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 98,699 shares of the company’s stock, valued at approximately $3,805,000. Ethos Financial Group LLC owned about 2.32% of Gadsden Dynamic Multi-Asset ETF at the end of the most recent reporting period.

Gadsden Dynamic Multi-Asset ETF Stock Performance

Shares of GDMA opened at $42.62 on Friday. The firm has a market capitalization of $155.99 million, a P/E ratio of 18.40 and a beta of 0.10. Gadsden Dynamic Multi-Asset ETF has a 52 week low of $34.93 and a 52 week high of $44.04. The stock has a 50 day moving average price of $42.05 and a two-hundred day moving average price of $41.67.

Gadsden Dynamic Multi-Asset ETF Company Profile

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.