Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) Short Interest Update

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 8,200 shares, a drop of 60.6% from the April 30th total of 20,808 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 14,889 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On Gadsden Dynamic Multi-Asset ETF

A hedge fund recently bought a new stake in Gadsden Dynamic Multi-Asset ETF stock. Ethos Financial Group LLC bought a new position in shares of Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 98,699 shares of the company’s stock, valued at approximately $3,805,000. Ethos Financial Group LLC owned approximately 2.32% of Gadsden Dynamic Multi-Asset ETF as of its most recent SEC filing.

Gadsden Dynamic Multi-Asset ETF Stock Down 0.1%

Shares of Gadsden Dynamic Multi-Asset ETF stock opened at $41.63 on Friday. The stock has a market capitalization of $152.37 million, a P/E ratio of 18.40 and a beta of 0.10. The company has a 50-day simple moving average of $41.31 and a 200 day simple moving average of $40.69. Gadsden Dynamic Multi-Asset ETF has a 12-month low of $32.97 and a 12-month high of $43.32.

About Gadsden Dynamic Multi-Asset ETF

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.