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

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 5,524 shares, a decrease of 65.8% from the August 31st total of 16,152 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 6,673 shares, the short-interest ratio is presently 0.8 days.

Gadsden Dynamic Multi-Asset ETF Price Performance

Gadsden Dynamic Multi-Asset ETF stock opened at $40.79 on Tuesday. Gadsden Dynamic Multi-Asset ETF has a 1-year low of $37.48 and a 1-year high of $44.04. The firm has a market capitalization of $149.29 million, a P/E ratio of 18.40 and a beta of 0.10. The company’s 50-day moving average is $42.16 and its 200 day moving average is $41.81.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Gadsden Dynamic Multi-Asset ETF stock. Redwood Wealth Management Group LLC purchased a new position in shares of Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 7,693 shares of the company’s stock, valued at approximately $313,000. Redwood Wealth Management Group LLC owned about 0.21% of Gadsden Dynamic Multi-Asset ETF as of its most recent filing with the Securities and Exchange Commission.

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.