DGA Absolute Return ETF (NYSE:HF) Stock Short Interest Report for September

DGA Absolute Return ETF (NYSE:HF) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 311 shares, a decrease of 86.5% from the September 15th total of 2,312 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 1.6 days.

DGA Absolute Return ETF Price Performance

NYSE HF traded up $0.04 during mid-day trading on Monday, hitting $22.65. The company’s stock had a trading volume of 6 shares, compared to its average volume of 803. DGA Absolute Return ETF has a 52-week low of $20.89 and a 52-week high of $22.86. The stock’s fifty day simple moving average is $22.64 and its two-hundred day simple moving average is $22.15. The firm has a market capitalization of $31.48 million, a P/E ratio of 7.21 and a beta of 0.36.

Institutional Investors Weigh In On DGA Absolute Return ETF

An institutional investor recently bought a new position in DGA Absolute Return ETF stock. Doliver Advisors LP bought a new stake in DGA Absolute Return ETF (NYSE:HF) during the third quarter, according to the company in 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 portfolio, making the stock its 3rd largest holding. Doliver Advisors LP owned about 61.40% of DGA Absolute Return ETF as of its most recent SEC filing. Hedge funds and other institutional investors own 85.83% of the company’s stock.

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.