Gotham 1000 Value ETF (NYSEARCA:GVLU) Sees Significant Decline in Short Interest

Gotham 1000 Value ETF (NYSEARCA:GVLU) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 41,994 shares, a decline of 37.7% from the June 30th total of 67,410 shares. Based on an average daily volume of 5,250 shares, the short-interest ratio is presently 8.0 days. Currently, 0.5% of the company’s shares are short sold.

Gotham 1000 Value ETF Price Performance

Shares of GVLU traded down $0.14 during mid-day trading on Friday, reaching $27.86. 5,932 shares of the company’s stock traded hands, compared to its average volume of 5,913. The stock’s 50-day moving average is $26.76 and its two-hundred day moving average is $26.19. The stock has a market cap of $247.95 million, a P/E ratio of 13.28 and a beta of 0.93. Gotham 1000 Value ETF has a 12 month low of $23.71 and a 12 month high of $28.49.

Institutional Trading of Gotham 1000 Value ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Hara Capital LLC increased its holdings in Gotham 1000 Value ETF by 4.6% during the fourth quarter. Hara Capital LLC now owns 11,300 shares of the company’s stock valued at $279,000 after buying an additional 500 shares during the period. Fiduciary Alliance LLC raised its stake in Gotham 1000 Value ETF by 6.1% in the 4th quarter. Fiduciary Alliance LLC now owns 36,408 shares of the company’s stock worth $897,000 after acquiring an additional 2,085 shares during the last quarter. Finally, Sankala Group LLC acquired a new stake in shares of Gotham 1000 Value ETF during the fourth quarter worth about $157,000.

Gotham 1000 Value ETF Company Profile

The Gotham 1000 Value ETF (GVLU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF consisting of large- and mid-cap value stocks from the United States. GVLU was launched on Jun 7, 2022 and is managed by Gotham.