Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Short Interest Up 116.5% in January

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 11,623 shares, a growth of 116.5% from the January 15th total of 5,369 shares. Based on an average trading volume of 15,346 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average trading volume of 15,346 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On Virtus Alpha Simplex Managed Futures ETF

A number of hedge funds have recently added to or reduced their stakes in ASMF. A&I Financial Services LLC acquired a new stake in Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter worth approximately $8,749,000. Abbington Investment Group increased its position in shares of Virtus Alpha Simplex Managed Futures ETF by 150.6% during the fourth quarter. Abbington Investment Group now owns 233,194 shares of the company’s stock worth $5,593,000 after acquiring an additional 140,152 shares during the period. Finally, Jane Street Group LLC increased its position in shares of Virtus Alpha Simplex Managed Futures ETF by 136.9% during the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after acquiring an additional 17,565 shares during the period.

Virtus Alpha Simplex Managed Futures ETF Stock Down 2.0%

NYSEARCA:ASMF traded down $0.52 on Thursday, reaching $25.53. 3,882 shares of the company’s stock were exchanged, compared to its average volume of 7,686. The firm has a market capitalization of $33.19 million, a price-to-earnings ratio of 15.22 and a beta of 0.28. Virtus Alpha Simplex Managed Futures ETF has a 52-week low of $21.82 and a 52-week high of $26.43. The business has a fifty day moving average of $24.56 and a 200-day moving average of $23.61.

Virtus Alpha Simplex Managed Futures ETF Company Profile

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.