Short Interest in Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Grows By 57.8%

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 11,822 shares, an increase of 57.8% from the January 15th total of 7,490 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,690 shares, the days-to-cover ratio is currently 4.4 days. Based on an average daily trading volume, of 2,690 shares, the days-to-cover ratio is currently 4.4 days. Approximately 0.1% of the shares of the stock are short sold.

Gotham Enhanced 500 ETF Stock Down 0.1%

Gotham Enhanced 500 ETF stock traded down $0.02 during midday trading on Friday, hitting $36.91. The company’s stock had a trading volume of 2,871 shares, compared to its average volume of 2,612. Gotham Enhanced 500 ETF has a 12 month low of $26.80 and a 12 month high of $37.91. The company has a market capitalization of $641.50 million, a PE ratio of 22.50 and a beta of 0.97. The stock’s 50-day moving average price is $37.20 and its 200-day moving average price is $36.61.

Gotham Enhanced 500 ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were paid a dividend of $0.9628 per share. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a dividend yield of 261.0%.

Gotham Enhanced 500 ETF Company Profile

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.