iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Stock Short Interest Report for September

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,212,502 shares, an increase of 270.9% from the September 15th total of 1,405,206 shares. Based on an average trading volume of 2,529,590 shares, the short-interest ratio is currently 2.1 days. Approximately 3.2% of the shares of the stock are sold short.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.5%

NYSEARCA DBMF traded up $0.17 during midday trading on Monday, hitting $33.31. The company had a trading volume of 786,954 shares, compared to its average volume of 1,778,427. The firm has a 50-day moving average price of $31.78 and a 200-day moving average price of $31.10. The company has a market capitalization of $5.61 billion, a PE ratio of 24.50 and a beta of -0.21. iMGP DBi Managed Futures Strategy ETF has a twelve month low of $27.76 and a twelve month high of $33.40.

iMGP DBi Managed Futures Strategy ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were issued a dividend of $0.1456 per share. This is a decrease from iMGP DBi Managed Futures Strategy ETF’s previous quarterly dividend of $0.1529. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $0.58 annualized dividend and a dividend yield of 1.7%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DBMF. Longview Financial Advisors Inc. increased its position in iMGP DBi Managed Futures Strategy ETF by 2.4% during the 3rd quarter. Longview Financial Advisors Inc. now owns 185,569 shares of the company’s stock worth $6,037,000 after purchasing an additional 4,362 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 2.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 983,562 shares of the company’s stock valued at $31,995,000 after purchasing an additional 27,978 shares during the last quarter. CoreCap Advisors LLC lifted its stake in iMGP DBi Managed Futures Strategy ETF by 14.2% in the 3rd quarter. CoreCap Advisors LLC now owns 199,895 shares of the company’s stock valued at $6,503,000 after purchasing an additional 24,802 shares during the last quarter. Worth Asset Management LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 34.7% in the third quarter. Worth Asset Management LLC now owns 67,102 shares of the company’s stock valued at $2,183,000 after buying an additional 17,277 shares in the last quarter. Finally, Stonebridge Financial Group LLC boosted its position in iMGP DBi Managed Futures Strategy ETF by 19.5% in the third quarter. Stonebridge Financial Group LLC now owns 72,003 shares of the company’s stock valued at $2,342,000 after buying an additional 11,771 shares in the last quarter.

About iMGP DBi Managed Futures Strategy ETF

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.