Anydrus Advantage ETF (BATS:NDOW) Short Interest Up 88.2% in May

Anydrus Advantage ETF (BATS:NDOW) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 636 shares, a growth of 88.2% from the May 14th total of 338 shares. Based on an average trading volume of 11,014 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Anydrus Advantage ETF stock. Belpointe Asset Management LLC increased its position in Anydrus Advantage ETF (BATS:NDOW) by 7.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,994,920 shares of the company’s stock after acquiring an additional 134,685 shares during the quarter. Anydrus Advantage ETF comprises approximately 2.0% of Belpointe Asset Management LLC’s holdings, making the stock its 7th biggest position. Belpointe Asset Management LLC owned about 112.07% of Anydrus Advantage ETF worth $54,998,000 at the end of the most recent reporting period.

Anydrus Advantage ETF Price Performance

Shares of NDOW traded up $0.10 on Friday, hitting $29.35. 815 shares of the stock traded hands, compared to its average volume of 7,731. Anydrus Advantage ETF has a one year low of $25.28 and a one year high of $30.05. The business has a 50 day simple moving average of $28.95 and a 200 day simple moving average of $28.34.

Anydrus Advantage ETF Company Profile

The Anydrus Advantage ETF (NDOW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that seeks capital appreciation and income by holding a broad portfolio of various asset classes from around the world, including ETFs. NDOW was launched on May 14, 2024 and is issued by Anydrus.