Short Interest in Gotham Short Strategies ETF (NYSEARCA:SHRT) Expands By 472.9%

Gotham Short Strategies ETF (NYSEARCA:SHRT) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 4,898 shares, an increase of 472.9% from the August 15th total of 855 shares. Based on an average daily trading volume, of 5,485 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the shares of the company are sold short.

Gotham Short Strategies ETF Price Performance

Shares of NYSEARCA:SHRT traded down $0.01 during mid-day trading on Friday, reaching $6.71. 5,990 shares of the company traded hands, compared to its average volume of 9,234. The company’s 50 day moving average price is $6.55 and its 200-day moving average price is $6.72. The firm has a market cap of $15.03 million, a PE ratio of 16.97 and a beta of -0.60. Gotham Short Strategies ETF has a 52 week low of $6.07 and a 52 week high of $7.65.

Gotham Short Strategies ETF Company Profile

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.