Gotham Short Strategies ETF (NYSEARCA:SHRT) Stock Short Interest Climbs 470.0%

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 39,536 shares, an increase of 470.0% from the October 15th total of 6,936 shares. Based on an average daily trading volume, of 14,264 shares, the short-interest ratio is currently 2.8 days. Approximately 2.1% of the shares of the stock are short sold.

Gotham Short Strategies ETF Stock Performance

Gotham Short Strategies ETF stock traded up $0.05 during mid-day trading on Friday, hitting $7.05. 1,859 shares of the company traded hands, compared to its average volume of 8,819. The stock has a fifty day moving average price of $6.84 and a 200-day moving average price of $6.80. The stock has a market cap of $12.97 million, a price-to-earnings ratio of 16.97 and a beta of -0.61. Gotham Short Strategies ETF has a one year low of $6.07 and a one year high of $7.65.

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.