Short Interest in Unlimited HFGM Global Macro ETF (NYSE:HFGM) Decreases By 75.4%

Unlimited HFGM Global Macro ETF (NYSE:HFGM) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,342 shares, a drop of 75.4% from the August 15th total of 9,504 shares. Based on an average daily trading volume, of 71,179 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Unlimited HFGM Global Macro ETF Price Performance

Shares of NYSE:HFGM traded down $0.10 during trading on Friday, reaching $31.94. 75,725 shares of the company’s stock traded hands, compared to its average volume of 50,231. Unlimited HFGM Global Macro ETF has a 12 month low of $28.79 and a 12 month high of $37.06. The company has a 50 day moving average of $31.24 and a 200-day moving average of $32.24.

Hedge Funds Weigh In On Unlimited HFGM Global Macro ETF

Several institutional investors have recently made changes to their positions in the stock. Harbor Investment Advisory LLC bought a new stake in shares of Unlimited HFGM Global Macro ETF in the 2nd quarter worth approximately $71,000. Magnolia Private Wealth LLC bought a new position in Unlimited HFGM Global Macro ETF during the 4th quarter worth $437,000. Compass Financial Management LLC bought a new position in Unlimited HFGM Global Macro ETF during the 2nd quarter worth $2,303,000. Finally, Invenio Wealth Partners LLC bought a new position in Unlimited HFGM Global Macro ETF during the 3rd quarter worth $3,060,000.

About Unlimited HFGM Global Macro ETF

The Tidal ETF Trust – Unlimited Hfgm Global Macro Return Tracker ETF (HFGM) is an exchange-traded fund that trades on the NYSEARCA exchange in the United States.