iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Short Interest Update

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 342,670 shares, a drop of 55.8% from the January 15th total of 774,711 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,140,305 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 1,140,305 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the company are sold short.

iMGP DBi Managed Futures Strategy ETF Stock Up 0.7%

Shares of DBMF traded up $0.22 during mid-day trading on Friday, reaching $30.38. The company had a trading volume of 749,977 shares, compared to its average volume of 1,022,766. The stock has a market capitalization of $2.46 billion, a P/E ratio of 24.50 and a beta of -0.20. iMGP DBi Managed Futures Strategy ETF has a 52-week low of $24.52 and a 52-week high of $30.68. The stock has a 50 day moving average of $29.17 and a two-hundred day moving average of $28.01.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were issued a dividend of $1.168 per share. This is a positive change from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $4.67 annualized dividend and a dividend yield of 15.4%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DBMF. MidAtlantic Capital Management Inc. acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at about $48,000. LFA Lugano Financial Advisors SA raised its stake in shares of iMGP DBi Managed Futures Strategy ETF by 50.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock worth $85,000 after buying an additional 1,013 shares during the period. Lloyd Advisory Services LLC. purchased a new position in shares of iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at approximately $87,000. Advisory Services Network LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at $152,000. Finally, Advisors Preferred LLC purchased a new stake in iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth $182,000.

iMGP DBi Managed Futures Strategy ETF Company Profile

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.