Anydrus Advantage ETF (BATS:NDOW) Sees Large Growth in Short Interest

Anydrus Advantage ETF (BATS:NDOW) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,737 shares, a growth of 146.3% from the April 15th total of 2,329 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 3,917 shares, the days-to-cover ratio is presently 1.5 days.

Anydrus Advantage ETF Stock Performance

Anydrus Advantage ETF stock opened at $29.55 on Friday. Anydrus Advantage ETF has a fifty-two week low of $24.79 and a fifty-two week high of $29.63. The firm’s 50-day simple moving average is $28.23 and its 200 day simple moving average is $28.05.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Anydrus Advantage ETF stock. Belpointe Asset Management LLC boosted its holdings in Anydrus Advantage ETF (BATS:NDOW) by 7.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,994,920 shares of the company’s stock after purchasing an additional 134,685 shares during the period. Anydrus Advantage ETF comprises 2.0% of Belpointe Asset Management LLC’s holdings, making the stock its 7th largest position. Belpointe Asset Management LLC owned approximately 112.07% of Anydrus Advantage ETF worth $54,998,000 as of its most recent SEC filing.

Anydrus Advantage ETF Company Profile

The Anydrus Advantage ETF (NDOW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that seeks capital appreciation and income by holding a broad portfolio of various asset classes from around the world, including ETFs. NDOW was launched on May 14, 2024 and is issued by Anydrus.