GammaRoad Market Navigation ETF (NYSEARCA:GMMA – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 807 shares, an increase of 107.5% from the May 14th total of 389 shares. Based on an average daily volume of 217 shares, the days-to-cover ratio is presently 3.7 days. Currently, 0.3% of the company’s shares are sold short.
Institutional Investors Weigh In On GammaRoad Market Navigation ETF
An institutional investor recently bought a new position in GammaRoad Market Navigation ETF stock. Flow Traders U.S. LLC bought a new stake in GammaRoad Market Navigation ETF (NYSEARCA:GMMA – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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.
GammaRoad Market Navigation ETF Stock Performance
GammaRoad Market Navigation ETF stock traded up $0.26 during trading on Monday, reaching $21.74. The company had a trading volume of 243 shares, compared to its average volume of 593. GammaRoad Market Navigation ETF has a 12-month low of $19.89 and a 12-month high of $21.84. The stock’s 50 day moving average price is $21.18 and its two-hundred day moving average price is $21.27. The firm has a market capitalization of $6.52 million, a price-to-earnings ratio of 25.87 and a beta of 0.36.
GammaRoad Market Navigation ETF Company Profile
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.
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