Gotham Short Strategies ETF (NYSEARCA:SHRT) Short Interest Down 42.3% in April

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 372 shares, a decline of 42.3% from the April 15th total of 645 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,066 shares, the days-to-cover ratio is currently 0.1 days.

Gotham Short Strategies ETF Stock Up 0.9%

Shares of NYSEARCA SHRT opened at $6.50 on Tuesday. The stock has a market capitalization of $16.38 million, a price-to-earnings ratio of 16.97 and a beta of -0.61. The stock’s fifty day simple moving average is $7.06 and its 200 day simple moving average is $7.25. Gotham Short Strategies ETF has a 52-week low of $6.39 and a 52-week high of $8.19.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Gotham Short Strategies ETF stock. Hara Capital LLC increased its holdings in shares of Gotham Short Strategies ETF (NYSEARCA:SHRT) by 59.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,727 shares of the company’s stock after buying an additional 17,446 shares during the quarter. Hara Capital LLC owned 1.93% of Gotham Short Strategies ETF worth $356,000 as of its most recent filing with the Securities and Exchange Commission.

Gotham Short Strategies ETF Company Profile

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.