Gotham Short Strategies ETF (NYSEARCA:SHRT) Sees Large Growth in Short Interest

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the recipient of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 39,536 shares, a growth of 470.0% from the October 15th total of 6,936 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average daily trading volume, of 14,264 shares, the short-interest ratio is currently 2.8 days.

Gotham Short Strategies ETF Price Performance

Gotham Short Strategies ETF stock traded down $0.10 during mid-day trading on Wednesday, hitting $6.95. The company’s stock had a trading volume of 529 shares, compared to its average volume of 8,849. Gotham Short Strategies ETF has a 52-week low of $6.07 and a 52-week high of $7.65. The company has a market cap of $12.79 million, a PE ratio of 16.97 and a beta of -0.61. The firm’s 50 day moving average is $6.83 and its 200 day moving average is $6.80.

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.