Short Interest in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Expands By 77.3%

iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,873,917 shares, a growth of 77.3% from the July 15th total of 1,056,953 shares. Based on an average trading volume of 1,912,881 shares, the short-interest ratio is presently 1.0 days. Approximately 1.4% of the shares of the company are short sold.

Institutional Trading of iMGP DBi Managed Futures Strategy ETF

Large investors have recently modified their holdings of the company. MBM Wealth Consultants LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF in the 1st quarter valued at $30,000. Capital Advisors Ltd. LLC acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 1st quarter worth $34,000. MidAtlantic Capital Management Inc. acquired a new position in iMGP DBi Managed Futures Strategy ETF during the 4th quarter worth $48,000. LFA Lugano Financial Advisors SA boosted its holdings in iMGP DBi Managed Futures Strategy ETF by 50.1% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 3,033 shares of the company’s stock valued at $85,000 after acquiring an additional 1,013 shares during the period. Finally, Lloyd Advisory Services LLC. bought a new stake in iMGP DBi Managed Futures Strategy ETF during the fourth quarter valued at about $87,000.

iMGP DBi Managed Futures Strategy ETF Price Performance

DBMF traded up $0.03 on Monday, hitting $31.38. The company had a trading volume of 113,515 shares, compared to its average volume of 1,592,993. The stock has a market cap of $4.19 billion, a price-to-earnings ratio of 24.50 and a beta of -0.20. The company’s fifty day moving average price is $30.87 and its 200 day moving average price is $30.67. iMGP DBi Managed Futures Strategy ETF has a 1-year low of $25.67 and a 1-year high of $31.66.

iMGP DBi Managed Futures Strategy ETF Company Profile

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.