Anydrus Advantage ETF (BATS:NDOW) Sees Large Increase in Short Interest

Anydrus Advantage ETF (BATS:NDOW) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,737 shares, a growth of 146.3% from the April 15th total of 2,329 shares. Based on an average daily volume of 3,917 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Anydrus Advantage ETF stock. Belpointe Asset Management LLC raised its position in Anydrus Advantage ETF (BATS:NDOW) by 7.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,994,920 shares of the company’s stock after acquiring an additional 134,685 shares during the quarter. Anydrus Advantage ETF makes up about 2.0% of Belpointe Asset Management LLC’s investment portfolio, making the stock its 7th largest holding. Belpointe Asset Management LLC owned 112.07% of Anydrus Advantage ETF worth $54,998,000 at the end of the most recent reporting period.

Anydrus Advantage ETF Stock Performance

Shares of NDOW opened at $29.12 on Friday. Anydrus Advantage ETF has a 12 month low of $24.79 and a 12 month high of $29.63. The firm has a fifty day simple moving average of $28.25 and a 200 day simple moving average of $28.06.

About Anydrus Advantage ETF

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.