Gotham 1000 Value ETF (NYSEARCA:GVLU) Sees Large Decline in Short Interest

Gotham 1000 Value ETF (NYSEARCA:GVLU) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 41,994 shares, a drop of 37.7% from the June 30th total of 67,410 shares. Based on an average daily trading volume, of 5,250 shares, the short-interest ratio is currently 8.0 days. Approximately 0.5% of the shares of the company are sold short.

Gotham 1000 Value ETF Stock Performance

GVLU traded down $0.25 during trading on Thursday, hitting $28.00. The stock had a trading volume of 7,531 shares, compared to its average volume of 5,913. The firm has a market capitalization of $249.20 million, a P/E ratio of 13.28 and a beta of 0.93. Gotham 1000 Value ETF has a twelve month low of $23.71 and a twelve month high of $28.49. The company’s 50-day moving average price is $26.69 and its 200 day moving average price is $26.16.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in GVLU. Hara Capital LLC raised its holdings in Gotham 1000 Value ETF by 4.6% during the fourth quarter. Hara Capital LLC now owns 11,300 shares of the company’s stock worth $279,000 after purchasing an additional 500 shares in the last quarter. Fiduciary Alliance LLC boosted its holdings in Gotham 1000 Value ETF by 6.1% in the 4th quarter. Fiduciary Alliance LLC now owns 36,408 shares of the company’s stock valued at $897,000 after purchasing an additional 2,085 shares in the last quarter. Finally, Sankala Group LLC purchased a new stake in Gotham 1000 Value ETF in the 4th quarter valued at approximately $157,000.

Gotham 1000 Value ETF Company Profile

The Gotham 1000 Value ETF (GVLU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF consisting of large- and mid-cap value stocks from the United States. GVLU was launched on Jun 7, 2022 and is managed by Gotham.