Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF – Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 15,113 shares, a growth of 24.9% from the March 31st total of 12,103 shares. Based on an average daily volume of 4,895 shares, the days-to-cover ratio is currently 3.1 days. Currently, 1.3% of the company’s shares are short sold.
Virtus Alpha Simplex Managed Futures ETF Trading Down 0.0%
ASMF stock traded down $0.01 during midday trading on Friday, hitting $25.83. The company had a trading volume of 4,967 shares, compared to its average volume of 8,765. Virtus Alpha Simplex Managed Futures ETF has a 52 week low of $22.07 and a 52 week high of $26.43. The stock’s 50 day moving average price is $25.60 and its 200 day moving average price is $24.66. The stock has a market cap of $31.00 million, a price-to-earnings ratio of 15.22 and a beta of 0.27.
Institutional Trading of Virtus Alpha Simplex Managed Futures ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its position in Virtus Alpha Simplex Managed Futures ETF by 136.9% in the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock valued at $706,000 after purchasing an additional 17,565 shares during the last quarter. Abbington Investment Group purchased a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the third quarter valued at approximately $2,163,000. Finally, A&I Financial Services LLC purchased a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the third quarter valued at 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.
Further Reading
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