Gotham 1000 Value ETF (NYSEARCA:GVLU) Short Interest Update

Gotham 1000 Value ETF (NYSEARCA:GVLU) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 74,599 shares, an increase of 49.7% from the November 30th total of 49,833 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 9,717 shares, the days-to-cover ratio is currently 7.7 days. Based on an average daily trading volume, of 9,717 shares, the days-to-cover ratio is currently 7.7 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Gotham 1000 Value ETF stock. Fiduciary Alliance LLC increased its position in Gotham 1000 Value ETF (NYSEARCA:GVLU) by 18.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,141 shares of the company’s stock after purchasing an additional 4,944 shares during the period. Fiduciary Alliance LLC owned 0.40% of Gotham 1000 Value ETF worth $750,000 at the end of the most recent reporting period.

Gotham 1000 Value ETF Stock Performance

Shares of GVLU stock traded down $0.11 during mid-day trading on Wednesday, hitting $24.75. 9,004 shares of the stock traded hands, compared to its average volume of 7,368. Gotham 1000 Value ETF has a twelve month low of $19.97 and a twelve month high of $26.24. The firm has a market cap of $201.67 million, a price-to-earnings ratio of 13.28 and a beta of 1.03. The company’s 50-day simple moving average is $25.25 and its 200-day simple moving average is $24.99.

Gotham 1000 Value ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were paid a $1.5872 dividend. This represents a dividend yield of 641.0%. The ex-dividend date of this dividend was Wednesday, December 10th.

About Gotham 1000 Value ETF

The Gotham 1000 Value ETF (GVLU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF consisting of large- and mid-cap value stocks from the United States. GVLU was launched on Jun 7, 2022 and is managed by Gotham.