Gotham 1000 Value ETF (NYSEARCA:GVLU) Sees Significant Decline in Short Interest

Gotham 1000 Value ETF (NYSEARCA:GVLU) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 30,277 shares, a decline of 69.3% from the March 15th total of 98,595 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 7,716 shares, the days-to-cover ratio is currently 3.9 days.

Hedge Funds Weigh In On Gotham 1000 Value ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Sankala Group LLC acquired a new position in shares of Gotham 1000 Value ETF in the 4th quarter valued at about $157,000. Fiduciary Alliance LLC lifted its holdings in shares of Gotham 1000 Value ETF by 6.1% in the 4th quarter. Fiduciary Alliance LLC now owns 36,408 shares of the company’s stock valued at $897,000 after buying an additional 2,085 shares during the period. Finally, Hara Capital LLC lifted its holdings in shares of Gotham 1000 Value ETF by 4.6% in the 4th quarter. Hara Capital LLC now owns 11,300 shares of the company’s stock valued at $279,000 after buying an additional 500 shares during the period.

Gotham 1000 Value ETF Stock Up 1.3%

Shares of GVLU stock traded up $0.33 on Monday, hitting $25.96. The company had a trading volume of 3,841 shares, compared to its average volume of 6,392. The firm has a market cap of $219.36 million, a P/E ratio of 13.28 and a beta of 1.01. The company has a 50-day moving average price of $25.79 and a 200-day moving average price of $25.51. Gotham 1000 Value ETF has a twelve month low of $20.89 and a twelve month high of $26.78.

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.