Gotham Short Strategies ETF (NYSEARCA:SHRT) Sees Significant Increase in Short Interest

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 855 shares, an increase of 402.9% from the July 30th total of 170 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,316 shares, the short-interest ratio is presently 0.3 days.

Gotham Short Strategies ETF Stock Performance

NYSEARCA:SHRT traded down $0.02 during trading hours on Wednesday, hitting $6.66. 257 shares of the company’s stock traded hands, compared to its average volume of 9,379. The firm has a market cap of $14.92 million, a P/E ratio of 16.97 and a beta of -0.60. Gotham Short Strategies ETF has a twelve month low of $6.07 and a twelve month high of $7.73. The stock’s fifty day moving average price is $6.47 and its two-hundred day moving average price is $6.76.

About Gotham Short Strategies ETF

The Gotham Short Strategies ETF (SHRT) is an exchange-traded fund that mostly invests in total market equity. The fund takes both long and short positions in US-listed stocks and swaps. The actively managed fund will typically be 50% net short exposure. SHRT was launched on Feb 1, 2008 and is issued by Tidal.