Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Short Interest Update

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMFGet Free Report) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 15,113 shares, a growth of 24.9% from the March 31st total of 12,103 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily volume of 4,895 shares, the short-interest ratio is currently 3.1 days.

Virtus Alpha Simplex Managed Futures ETF Stock Down 0.0%

Shares of NYSEARCA:ASMF traded down $0.01 during trading on Friday, hitting $25.83. 4,967 shares of the stock traded hands, compared to its average volume of 8,765. The company has a market cap of $31.00 million, a price-to-earnings ratio of 15.22 and a beta of 0.27. The company has a fifty day moving average price of $25.60 and a two-hundred day moving average price of $24.66. Virtus Alpha Simplex Managed Futures ETF has a 52-week low of $22.07 and a 52-week high of $26.43.

Institutional Investors Weigh In On Virtus Alpha Simplex Managed Futures ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in ASMF. A&I Financial Services LLC purchased a new stake in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter worth $8,749,000. Abbington Investment Group boosted its stake in Virtus Alpha Simplex Managed Futures ETF by 150.6% during the 4th quarter. Abbington Investment Group now owns 233,194 shares of the company’s stock worth $5,593,000 after purchasing an additional 140,152 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Virtus Alpha Simplex Managed Futures ETF by 136.9% during the 1st quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after purchasing an additional 17,565 shares during the last quarter.

Virtus Alpha Simplex Managed Futures ETF Company Profile

(Get Free Report)

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.

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