Short Interest in Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Decreases By 33.8%

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 9,847 shares, a drop of 33.8% from the August 15th total of 14,868 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 4,744 shares, the short-interest ratio is presently 2.1 days.

Virtus Alpha Simplex Managed Futures ETF Trading Up 0.3%

ASMF traded up $0.07 on Friday, hitting $26.81. 9,643 shares of the company were exchanged, compared to its average volume of 5,953. The firm has a 50-day moving average price of $26.06 and a two-hundred day moving average price of $25.86. Virtus Alpha Simplex Managed Futures ETF has a twelve month low of $22.96 and a twelve month high of $26.95. The company has a market cap of $53.59 million, a price-to-earnings ratio of 15.22 and a beta of 0.24.

About Virtus Alpha Simplex Managed Futures ETF

The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.