Short Interest in Gotham Short Strategies ETF (NYSEARCA:SHRT) Drops By 43.3%

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 396 shares, a decline of 43.3% from the June 30th total of 699 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,582 shares, the short-interest ratio is presently 0.2 days.

Gotham Short Strategies ETF Price Performance

Gotham Short Strategies ETF stock remained flat at $6.70 during trading hours on Thursday. 5,156 shares of the company’s stock traded hands, compared to its average volume of 8,178. The stock has a market capitalization of $15.21 million, a PE ratio of 16.97 and a beta of -0.57. The stock has a 50 day moving average of $6.41 and a 200-day moving average of $6.86. Gotham Short Strategies ETF has a 1 year low of $6.07 and a 1 year high of $7.80.

Institutional Investors Weigh In On Gotham Short Strategies ETF

An institutional investor recently raised its position in Gotham Short Strategies ETF stock. Hara Capital LLC raised its holdings in Gotham Short Strategies ETF (NYSEARCA:SHRT) by 59.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,727 shares of the company’s stock after purchasing an additional 17,446 shares during the quarter. Hara Capital LLC owned approximately 1.93% of Gotham Short Strategies ETF worth $356,000 as of its most recent SEC filing.

About Gotham Short Strategies ETF

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.