Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Large Drop in Short Interest

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 947 shares, a drop of 36.5% from the July 15th total of 1,491 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,548 shares, the days-to-cover ratio is currently 0.4 days.

Gotham Enhanced 500 ETF Price Performance

NYSEARCA GSPY traded down $0.29 on Tuesday, hitting $42.31. 980 shares of the company were exchanged, compared to its average volume of 2,950. Gotham Enhanced 500 ETF has a twelve month low of $34.35 and a twelve month high of $42.85. The firm has a market capitalization of $745.50 million, a P/E ratio of 22.50 and a beta of 0.98. The company’s 50 day moving average price is $40.97 and its 200-day moving average price is $38.98.

About Gotham Enhanced 500 ETF

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.