Gotham 1000 Value ETF (NYSEARCA:GVLU) Sees Large Growth in Short Interest

Gotham 1000 Value ETF (NYSEARCA:GVLU) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 93,543 shares, an increase of 33.0% from the February 12th total of 70,317 shares. Based on an average daily volume of 5,738 shares, the short-interest ratio is currently 16.3 days. Approximately 1.0% of the shares of the company are short sold. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 5,738 shares, the short-interest ratio is currently 16.3 days.

Gotham 1000 Value ETF Price Performance

Shares of NYSEARCA GVLU traded up $0.05 during trading on Friday, reaching $25.09. 20,264 shares of the stock traded hands, compared to its average volume of 6,387. The stock has a market capitalization of $229.57 million, a P/E ratio of 13.28 and a beta of 1.03. Gotham 1000 Value ETF has a 52-week low of $19.97 and a 52-week high of $26.78. The company has a 50-day moving average of $25.96 and a 200-day moving average of $25.53.

Hedge Funds Weigh In On Gotham 1000 Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Fiduciary Alliance LLC raised its position in shares of Gotham 1000 Value ETF by 10.2% in the third quarter. Fiduciary Alliance LLC now owns 34,323 shares of the company’s stock valued at $875,000 after purchasing an additional 3,182 shares during the period. Sankala Group LLC bought a new position in Gotham 1000 Value ETF in the 4th quarter worth approximately $157,000. Finally, Hara Capital LLC grew its stake in Gotham 1000 Value ETF by 4.6% in the 4th quarter. Hara Capital LLC now owns 11,300 shares of the company’s stock valued at $279,000 after buying an additional 500 shares in the last quarter.

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.