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

Anydrus Advantage ETF (BATS:NDOW) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,024 shares, an increase of 375.5% from the May 31st total of 636 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 8,893 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On Anydrus Advantage ETF

An institutional investor recently raised its stake in Anydrus Advantage ETF stock. Belpointe Asset Management LLC increased its position in shares of Anydrus Advantage ETF (BATS:NDOW) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,994,920 shares of the company’s stock after buying an additional 134,685 shares during the period. Anydrus Advantage ETF accounts for 2.0% of Belpointe Asset Management LLC’s holdings, making the stock its 7th biggest position. Belpointe Asset Management LLC owned about 112.07% of Anydrus Advantage ETF worth $54,998,000 at the end of the most recent reporting period.

Anydrus Advantage ETF Trading Down 0.4%

Shares of NDOW stock opened at $29.22 on Friday. The stock has a 50 day moving average of $29.22 and a 200 day moving average of $28.47. Anydrus Advantage ETF has a twelve month low of $25.79 and a twelve month high of $30.05.

Anydrus Advantage ETF Company Profile

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.