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

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 43,799 shares, a growth of 4,525.0% from the July 30th total of 947 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 8,586 shares, the short-interest ratio is presently 5.1 days.

Gotham Enhanced 500 ETF Trading Up 0.4%

Shares of GSPY opened at $42.46 on Wednesday. The firm has a market capitalization of $748.15 million, a P/E ratio of 22.50 and a beta of 0.98. The firm has a 50-day moving average price of $41.21 and a 200 day moving average price of $39.18. Gotham Enhanced 500 ETF has a 12-month low of $34.35 and a 12-month high of $42.85.

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.