DGA Absolute Return ETF (NYSE:HF) Shares Shorted: Short Interest Down 40.5% in October

DGA Absolute Return ETF (NYSE:HF) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 185 shares, a decline of 40.5% from the September 30th total of 311 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 159 shares, the short-interest ratio is presently 1.2 days.

DGA Absolute Return ETF Stock Performance

Shares of NYSE HF traded down $0.00 during trading on Tuesday, hitting $22.55. 1,046 shares of the company were exchanged, compared to its average volume of 767. DGA Absolute Return ETF has a 12-month low of $20.89 and a 12-month high of $22.86. The firm has a market capitalization of $31.34 million, a PE ratio of 7.18 and a beta of 0.36. The company has a fifty day moving average price of $22.62 and a 200-day moving average price of $22.01.

Hedge Funds Weigh In On DGA Absolute Return ETF

A hedge fund recently raised its stake in DGA Absolute Return ETF stock. Doliver Advisors LP raised its stake in DGA Absolute Return ETF (NYSE:HF) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 854,601 shares of the company’s stock after buying an additional 15,409 shares during the quarter. DGA Absolute Return ETF comprises about 4.3% of Doliver Advisors LP’s portfolio, making the stock its 3rd biggest holding. Doliver Advisors LP owned about 92.89% of DGA Absolute Return ETF worth $19,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 85.83% of the stock is currently owned by institutional investors and hedge funds.

DGA Absolute Return ETF Company Profile

The DGA Absolute Return ETF (HF) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund-of-funds that investments in unaffiliated ETFs without any limitation to geography or asset classes. The fund aims for long-term capital appreciation and preservation by applying an absolute return approach through a proprietary, analytical investment model. HF was launched on Aug 2, 2023 and is issued by DGA.