Short Interest in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Rises By 226.1%

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 1,117,358 shares, an increase of 226.1% from the January 29th total of 342,670 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average trading volume of 1,121,987 shares, the days-to-cover ratio is currently 1.0 days. Based on an average trading volume of 1,121,987 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.4% of the company’s shares are short sold.

Institutional Investors Weigh In On iMGP DBi Managed Futures Strategy ETF

A number of large investors have recently modified their holdings of the business. MidAtlantic Capital Management Inc. bought a new position in shares of iMGP DBi Managed Futures Strategy ETF in the fourth quarter valued at approximately $48,000. LFA Lugano Financial Advisors SA lifted its stake in iMGP DBi Managed Futures Strategy ETF by 50.1% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter valued at $87,000. Advisory Services Network LLC purchased a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth $152,000. Finally, Advisors Preferred LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter worth $182,000.

iMGP DBi Managed Futures Strategy ETF Stock Performance

DBMF stock traded up $0.23 during midday trading on Friday, hitting $31.47. 1,439,804 shares of the company’s stock were exchanged, compared to its average volume of 1,437,600. iMGP DBi Managed Futures Strategy ETF has a one year low of $24.52 and a one year high of $31.66. The company has a market cap of $2.55 billion, a PE ratio of 24.50 and a beta of -0.20. The stock’s fifty day moving average price is $29.56 and its 200-day moving average price is $28.36.

iMGP DBi Managed Futures Strategy ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 30th were paid a dividend of $1.168 per share. The ex-dividend date was Tuesday, December 30th. This represents a $4.67 dividend on an annualized basis and a dividend yield of 14.8%. This is a boost from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.14.

iMGP DBi Managed Futures Strategy ETF Company Profile

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.