Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Sees Large Growth in Short Interest

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 12,103 shares, a growth of 692.1% from the March 15th total of 1,528 shares. Based on an average trading volume of 10,732 shares, the days-to-cover ratio is presently 1.1 days. Approximately 1.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its stake in shares of Virtus Alpha Simplex Managed Futures ETF by 136.9% during the 1st quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after purchasing an additional 17,565 shares during the last quarter. Abbington Investment Group acquired a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter worth $2,163,000. Finally, A&I Financial Services LLC acquired a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter worth $8,749,000.

Virtus Alpha Simplex Managed Futures ETF Price Performance

Virtus Alpha Simplex Managed Futures ETF stock traded up $0.06 during trading hours on Friday, hitting $25.39. The company had a trading volume of 5,085 shares, compared to its average volume of 10,150. The firm has a market capitalization of $30.47 million, a P/E ratio of 15.22 and a beta of 0.27. The firm’s fifty day moving average is $25.60 and its 200-day moving average is $24.44. Virtus Alpha Simplex Managed Futures ETF has a fifty-two week low of $22.07 and a fifty-two week high of $26.43.

Virtus Alpha Simplex Managed Futures ETF Company Profile

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.