Gotham Short Strategies ETF (NYSEARCA:SHRT) Sees Significant Increase in Short Interest

Gotham Short Strategies ETF (NYSEARCA:SHRT) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 855 shares, an increase of 402.9% from the July 30th total of 170 shares. Based on an average daily trading volume, of 3,316 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Gotham Short Strategies ETF Stock Down 0.3%

Shares of Gotham Short Strategies ETF stock traded down $0.02 during trading on Wednesday, hitting $6.66. The stock had a trading volume of 257 shares, compared to its average volume of 9,379. The stock has a 50 day simple moving average of $6.47 and a 200 day simple moving average of $6.76. The company has a market capitalization of $14.92 million, a PE ratio of 16.97 and a beta of -0.60. Gotham Short Strategies ETF has a 1 year low of $6.07 and a 1 year high of $7.73.

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.