Short Interest in Gotham Short Strategies ETF (NYSEARCA:SHRT) Decreases By 43.3%

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 396 shares, a decline of 43.3% from the June 30th total of 699 shares. Based on an average daily volume of 2,582 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Gotham Short Strategies ETF Trading Up 0.6%

Shares of NYSEARCA:SHRT traded up $0.04 on Wednesday, hitting $6.64. The company had a trading volume of 48,246 shares, compared to its average volume of 8,199. Gotham Short Strategies ETF has a 1-year low of $6.07 and a 1-year high of $7.80. The stock has a market cap of $15.07 million, a price-to-earnings ratio of 16.97 and a beta of -0.57. The stock has a 50 day moving average price of $6.41 and a 200 day moving average price of $6.87.

Institutional Trading of Gotham Short Strategies ETF

An institutional investor recently raised its position in Gotham Short Strategies ETF stock. Hara Capital LLC lifted its holdings in shares of Gotham Short Strategies ETF (NYSEARCA:SHRT) by 59.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,727 shares of the company’s stock after purchasing an additional 17,446 shares during the quarter. Hara Capital LLC owned 1.93% of Gotham Short Strategies ETF worth $356,000 as of its most recent SEC filing.

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.