Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Sees Large Drop in Short Interest

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 2,449 shares, a decrease of 37.1% from the May 31st total of 3,894 shares. Based on an average daily volume of 5,187 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

Gotham Enhanced 500 ETF Stock Performance

GSPY stock remained flat at $40.59 during mid-day trading on Friday. The company’s stock had a trading volume of 10,887 shares, compared to its average volume of 2,647. The company has a market capitalization of $715.20 million, a P/E ratio of 22.50 and a beta of 0.98. The business’s 50 day moving average price is $40.08 and its 200 day moving average price is $38.03. Gotham Enhanced 500 ETF has a 1-year low of $33.87 and a 1-year high of $41.26.

About Gotham Enhanced 500 ETF

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.