DGA Absolute Return ETF (NYSE:HF) Shares Shorted: Short Interest Down 40.5% in October

DGA Absolute Return ETF (NYSE:HF) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 185 shares, a decline of 40.5% from the September 30th total of 311 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 159 shares, the short-interest ratio is currently 1.2 days.

DGA Absolute Return ETF Stock Down 0.4%

Shares of DGA Absolute Return ETF stock traded down $0.09 on Friday, reaching $22.59. 19 shares of the stock were exchanged, compared to its average volume of 765. DGA Absolute Return ETF has a twelve month low of $20.89 and a twelve month high of $22.86. The firm has a market capitalization of $31.40 million, a price-to-earnings ratio of 7.19 and a beta of 0.36. The business has a 50 day moving average price of $22.62 and a two-hundred day moving average price of $22.00.

Institutional Investors Weigh In On DGA Absolute Return ETF

An institutional investor recently bought a new stake in DGA Absolute Return ETF stock. Doliver Advisors LP bought a new stake in DGA Absolute Return ETF (NYSE:HF) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 853,492 shares of the company’s stock, valued at approximately $19,143,000. DGA Absolute Return ETF accounts for about 4.1% of Doliver Advisors LP’s holdings, making the stock its 3rd largest position. Doliver Advisors LP owned 61.40% of DGA Absolute Return ETF at the end of the most recent reporting period. 85.83% of the stock is currently owned by hedge funds and other institutional investors.

About DGA Absolute Return ETF

The DGA Absolute Return ETF (HF) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund-of-funds that investments in unaffiliated ETFs without any limitation to geography or asset classes. The fund aims for long-term capital appreciation and preservation by applying an absolute return approach through a proprietary, analytical investment model. HF was launched on Aug 2, 2023 and is issued by DGA.