Gotham Short Strategies ETF (NYSEARCA:SHRT) Sees Significant Increase in Short Interest

Gotham Short Strategies ETF (NYSEARCA:SHRT) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,146 shares, a growth of 745.7% from the April 30th total of 372 shares. Based on an average daily trading volume, of 18,154 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Trading of Gotham Short Strategies ETF

An institutional investor recently raised its position in Gotham Short Strategies ETF stock. Hara Capital LLC raised its holdings in shares of Gotham Short Strategies ETF (NYSEARCA:SHRT) by 59.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,727 shares of the company’s stock after purchasing an additional 17,446 shares during the quarter. Hara Capital LLC owned 1.93% of Gotham Short Strategies ETF worth $356,000 at the end of the most recent reporting period.

Gotham Short Strategies ETF Trading Up 0.3%

NYSEARCA:SHRT opened at $6.41 on Thursday. Gotham Short Strategies ETF has a twelve month low of $6.39 and a twelve month high of $8.19. The company has a market cap of $16.15 million, a price-to-earnings ratio of 16.97 and a beta of -0.61. The stock has a fifty day simple moving average of $6.93 and a 200-day simple moving average of $7.21.

Gotham Short Strategies ETF Company Profile

The Gotham Short Strategies ETF (SHRT) is an exchange-traded fund that mostly invests in total market equity. The fund takes both long and short positions in US-listed stocks and swaps. The actively managed fund will typically be 50% net short exposure. SHRT was launched on Feb 1, 2008 and is issued by Tidal.