Short Interest in Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Decreases By 33.8%

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,847 shares, a decrease of 33.8% from the August 15th total of 14,868 shares. Based on an average daily volume of 4,744 shares, the days-to-cover ratio is currently 2.1 days. Approximately 0.8% of the company’s stock are short sold.

Virtus Alpha Simplex Managed Futures ETF Trading Up 0.1%

ASMF traded up $0.04 during trading on Thursday, hitting $26.86. 5,166 shares of the company’s stock traded hands, compared to its average volume of 5,928. The company’s 50 day simple moving average is $26.04 and its two-hundred day simple moving average is $25.86. The stock has a market capitalization of $53.69 million, a price-to-earnings ratio of 15.22 and a beta of 0.24. Virtus Alpha Simplex Managed Futures ETF has a 12-month low of $22.96 and a 12-month high of $26.95.

About Virtus Alpha Simplex Managed Futures ETF

The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.