Gotham 1000 Value ETF (NYSEARCA:GVLU) Sees Large Increase in Short Interest

Gotham 1000 Value ETF (NYSEARCA:GVLU) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 74,599 shares, a growth of 49.7% from the November 30th total of 49,833 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 9,717 shares, the days-to-cover ratio is currently 7.7 days. Based on an average daily trading volume, of 9,717 shares, the days-to-cover ratio is currently 7.7 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Gotham 1000 Value ETF stock. Fiduciary Alliance LLC boosted its position in shares of Gotham 1000 Value ETF (NYSEARCA:GVLU) by 18.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 31,141 shares of the company’s stock after buying an additional 4,944 shares during the quarter. Fiduciary Alliance LLC owned approximately 0.40% of Gotham 1000 Value ETF worth $750,000 as of its most recent SEC filing.

Gotham 1000 Value ETF Trading Down 0.1%

NYSEARCA:GVLU traded down $0.02 during mid-day trading on Tuesday, hitting $24.85. The company’s stock had a trading volume of 3,628 shares, compared to its average volume of 7,362. Gotham 1000 Value ETF has a fifty-two week low of $19.97 and a fifty-two week high of $26.24. The company has a market capitalization of $202.53 million, a price-to-earnings ratio of 13.28 and a beta of 1.03. The stock has a fifty day moving average of $25.26 and a 200-day moving average of $24.98.

Gotham 1000 Value ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were issued a $1.5872 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a dividend yield of 641.0%.

Gotham 1000 Value ETF Company Profile

The Gotham 1000 Value ETF (GVLU) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF consisting of large- and mid-cap value stocks from the United States. GVLU was launched on Jun 7, 2022 and is managed by Gotham.