Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Large Growth in Short Interest

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,581 shares, an increase of 278.0% from the April 30th total of 2,270 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,511 shares, the days-to-cover ratio is currently 5.7 days.

Gotham Enhanced 500 ETF Stock Up 0.4%

NYSEARCA GSPY opened at $41.10 on Friday. Gotham Enhanced 500 ETF has a 52 week low of $31.99 and a 52 week high of $41.19. The firm has a market capitalization of $725.42 million, a price-to-earnings ratio of 22.50 and a beta of 0.97. The company has a fifty day moving average of $38.14 and a two-hundred day moving average of $37.45.

About Gotham Enhanced 500 ETF

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.