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

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) saw a large increase in short interest in 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. Currently, 0.1% of the company’s shares are sold short. 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. Currently, 0.1% of the company’s shares are sold short.

Gotham Enhanced 500 ETF Stock Performance

Shares of NYSEARCA GSPY traded down $0.02 during trading on Friday, hitting $36.91. 2,871 shares of the company were exchanged, compared to its average volume of 2,612. The company has a fifty day moving average price of $37.20 and a 200-day moving average price of $36.58. The firm has a market capitalization of $641.50 million, a PE ratio of 22.50 and a beta of 0.97. Gotham Enhanced 500 ETF has a 12-month low of $26.80 and a 12-month high of $37.91.

Gotham Enhanced 500 ETF Dividend Announcement

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

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.