Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Sees Large Decline in Short Interest

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,927 shares, a decline of 83.4% from the January 29th total of 11,623 shares. Based on an average daily volume of 2,116 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,116 shares, the days-to-cover ratio is currently 0.9 days.

Virtus Alpha Simplex Managed Futures ETF Stock Performance

ASMF traded down $0.13 during trading on Thursday, reaching $26.27. The company had a trading volume of 5,960 shares, compared to its average volume of 11,875. Virtus Alpha Simplex Managed Futures ETF has a 12-month low of $21.82 and a 12-month high of $26.43. The firm’s 50-day simple moving average is $24.94 and its 200 day simple moving average is $23.84. The company has a market cap of $34.15 million, a price-to-earnings ratio of 15.22 and a beta of 0.28.

Institutional Trading of Virtus Alpha Simplex Managed Futures ETF

Several large investors have recently made changes to their positions in ASMF. Jane Street Group LLC grew its position in Virtus Alpha Simplex Managed Futures ETF by 136.9% during the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after buying an additional 17,565 shares in the last quarter. Abbington Investment Group bought a new position in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter valued at $2,163,000. Finally, A&I Financial Services LLC bought a new stake in shares of Virtus Alpha Simplex Managed Futures ETF during the third quarter worth approximately $8,749,000.

About Virtus Alpha Simplex Managed Futures ETF

The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.