Short Interest in Goose Hollow Tactical Allocation ETF (BATS:GHTA) Increases By 348.5%

Goose Hollow Tactical Allocation ETF (BATS:GHTA) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,081 shares, an increase of 348.5% from the June 15th total of 241 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 1,387 shares, the days-to-cover ratio is presently 0.8 days.

Goose Hollow Tactical Allocation ETF Stock Performance

Shares of BATS:GHTA traded down $0.04 during midday trading on Friday, hitting $30.44. 47 shares of the stock were exchanged, compared to its average volume of 2,697. Goose Hollow Tactical Allocation ETF has a 52-week low of $27.26 and a 52-week high of $37.18. The business’s fifty day simple moving average is $30.64 and its two-hundred day simple moving average is $30.49. The company has a market capitalization of $41.09 million, a PE ratio of 14.35 and a beta of 0.56.

Hedge Funds Weigh In On Goose Hollow Tactical Allocation ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Susquehanna International Group LLP raised its position in Goose Hollow Tactical Allocation ETF by 33.3% during the third quarter. Susquehanna International Group LLP now owns 16,573 shares of the company’s stock valued at $514,000 after acquiring an additional 4,142 shares in the last quarter. Brookwood Investment Group LLC acquired a new stake in Goose Hollow Tactical Allocation ETF in the fourth quarter valued at approximately $232,000. Finally, Snowden Capital Advisors LLC bought a new stake in Goose Hollow Tactical Allocation ETF in the second quarter worth approximately $916,000.

About Goose Hollow Tactical Allocation ETF

The Goose Hollow Tactical Allocation ETF (GHTA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that aims for total return by allocating roughly 45\u002F55 in equities and fixed income ETFs globally. The fund can allocate up to 20% in futures contracts to hedge its portfolio. GHTA was launched on Nov 16, 2021 and is managed by Goose Hollow.