Gotham Short Strategies ETF (NYSEARCA:SHRT) Sees Significant Increase in Short Interest

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 4,898 shares, a growth of 472.9% from the August 15th total of 855 shares. Based on an average daily volume of 5,485 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are sold short.

Gotham Short Strategies ETF Price Performance

NYSEARCA SHRT remained flat at $6.72 during trading on Friday. The company’s stock had a trading volume of 7,956 shares, compared to its average volume of 9,254. The firm’s fifty day simple moving average is $6.56 and its 200 day simple moving average is $6.72. The firm has a market capitalization of $15.05 million, a PE ratio of 16.97 and a beta of -0.60. Gotham Short Strategies ETF has a 1 year low of $6.07 and a 1 year high of $7.65.

About Gotham Short Strategies ETF

The Gotham Short Strategies ETF (SHRT) is an exchange-traded fund that mostly invests in total market equity. The fund takes both long and short positions in US-listed stocks and swaps. The actively managed fund will typically be 50% net short exposure. SHRT was launched on Feb 1, 2008 and is issued by Tidal.