Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Short Interest Down 83.4% in February

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 1,927 shares, a drop of 83.4% from the January 29th total of 11,623 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,116 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 2,116 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Virtus Alpha Simplex Managed Futures ETF

Large investors have recently made changes to their positions in the company. Abbington Investment Group boosted its stake in Virtus Alpha Simplex Managed Futures ETF by 150.6% in the 4th quarter. Abbington Investment Group now owns 233,194 shares of the company’s stock valued at $5,593,000 after purchasing an additional 140,152 shares during the period. A&I Financial Services LLC acquired a new stake in shares of Virtus Alpha Simplex Managed Futures ETF during the third quarter worth $8,749,000. Finally, Jane Street Group LLC lifted its holdings in shares of Virtus Alpha Simplex Managed Futures ETF by 136.9% during the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after buying an additional 17,565 shares in the last quarter.

Virtus Alpha Simplex Managed Futures ETF Stock Performance

ASMF traded up $0.12 on Friday, reaching $26.42. The company had a trading volume of 251 shares, compared to its average volume of 11,578. The stock has a market cap of $34.35 million, a P/E ratio of 15.22 and a beta of 0.28. Virtus Alpha Simplex Managed Futures ETF has a fifty-two week low of $21.82 and a fifty-two week high of $26.43. The company’s fifty day moving average is $25.05 and its 200 day moving average is $23.88.

About Virtus Alpha Simplex Managed Futures ETF

The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.