Short Interest in GammaRoad Market Navigation ETF (NYSEARCA:GMMA) Decreases By 50.3%

GammaRoad Market Navigation ETF (NYSEARCA:GMMA) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 632 shares, a decrease of 50.3% from the April 15th total of 1,272 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 527 shares, the short-interest ratio is presently 1.2 days.

GammaRoad Market Navigation ETF Stock Down 0.8%

Shares of GMMA traded down $0.18 on Friday, hitting $21.43. 103 shares of the stock traded hands, compared to its average volume of 674. The firm has a market capitalization of $6.43 million, a P/E ratio of 25.87 and a beta of 0.34. The stock’s 50 day moving average is $20.99 and its two-hundred day moving average is $21.24. GammaRoad Market Navigation ETF has a 1 year low of $20.14 and a 1 year high of $21.61.

Hedge Funds Weigh In On GammaRoad Market Navigation ETF

A hedge fund recently bought a new stake in GammaRoad Market Navigation ETF stock. Flow Traders U.S. LLC acquired a new stake in shares of GammaRoad Market Navigation ETF (NYSEARCA:GMMA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,164 shares of the company’s stock, valued at approximately $455,000. Flow Traders U.S. LLC owned 7.92% of GammaRoad Market Navigation ETF as of its most recent filing with the Securities & Exchange Commission.

About GammaRoad Market Navigation ETF

The GammaRoad Market Navigation ETF (GMMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed, seeking capital growth through a portfolio that can alternate allocations between US large-cap equities and US T-Bills based on daily market conditions. The fund may allocate to a 2x leveraged ETF. GMMA was launched on Sep 16, 2024 and is issued by GammaRoad.