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 significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 1,663 shares, a decrease of 13.7% from the February 12th total of 1,927 shares. Based on an average daily volume of 25,263 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 25,263 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Virtus Alpha Simplex Managed Futures ETF

Several large investors have recently added to or reduced their stakes in the company. A&I Financial Services LLC bought a new stake in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter valued at about $8,749,000. Abbington Investment Group boosted its position in Virtus Alpha Simplex Managed Futures ETF by 150.6% during the fourth quarter. Abbington Investment Group now owns 233,194 shares of the company’s stock worth $5,593,000 after purchasing an additional 140,152 shares during the period. Finally, Jane Street Group LLC boosted 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 purchasing an additional 17,565 shares during the period.

Virtus Alpha Simplex Managed Futures ETF Price Performance

NYSEARCA ASMF remained flat at $25.77 on Tuesday. The company’s stock had a trading volume of 276 shares, compared to its average volume of 10,370. The stock’s 50 day simple moving average is $25.42 and its two-hundred day simple moving average is $24.13. Virtus Alpha Simplex Managed Futures ETF has a 1-year low of $21.82 and a 1-year high of $26.43. The company has a market cap of $33.50 million, a price-to-earnings ratio of 15.22 and a beta of 0.28.

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.