Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Significant Increase in Short Interest

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 6,235 shares, a growth of 574.8% from the December 15th total of 924 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,377 shares, the short-interest ratio is presently 2.6 days. Based on an average daily trading volume, of 2,377 shares, the short-interest ratio is presently 2.6 days. Approximately 0.0% of the company’s stock are sold short.

Gotham Enhanced 500 ETF Stock Performance

Shares of NYSEARCA:GSPY traded up $0.02 during trading on Monday, reaching $37.62. 1,899 shares of the stock traded hands, compared to its average volume of 2,300. The stock has a 50-day moving average of $37.03 and a two-hundred day moving average of $36.09. Gotham Enhanced 500 ETF has a 52-week low of $26.80 and a 52-week high of $37.91. The stock has a market cap of $653.84 million, a P/E ratio of 22.50 and a beta of 0.97.

Gotham Enhanced 500 ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Thursday, December 11th. Investors of record on Wednesday, December 10th were given a $0.9628 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a yield of 261.0%.

Gotham Enhanced 500 ETF Company Profile

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.