Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) Sees Significant Increase in Short Interest

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 22,226 shares, an increase of 71.4% from the June 30th total of 12,970 shares. Based on an average trading volume of 19,781 shares, the short-interest ratio is currently 1.1 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On Gadsden Dynamic Multi-Asset ETF

A hedge fund recently bought a new position in Gadsden Dynamic Multi-Asset ETF stock. Ethos Financial Group LLC bought a new stake in Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 98,699 shares of the company’s stock, valued at approximately $3,805,000. Ethos Financial Group LLC owned approximately 2.32% of Gadsden Dynamic Multi-Asset ETF as of its most recent SEC filing.

Gadsden Dynamic Multi-Asset ETF Price Performance

BATS GDMA opened at $42.62 on Friday. Gadsden Dynamic Multi-Asset ETF has a 1 year low of $34.93 and a 1 year high of $44.04. The firm has a market cap of $155.99 million, a price-to-earnings ratio of 18.40 and a beta of 0.10. The company has a fifty day moving average price of $42.05 and a 200-day moving average price of $41.67.

Gadsden Dynamic Multi-Asset ETF Company Profile

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.