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

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 43,799 shares, an increase of 4,525.0% from the July 30th total of 947 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 8,586 shares, the days-to-cover ratio is presently 5.1 days.

Gotham Enhanced 500 ETF Trading Up 0.4%

NYSEARCA GSPY traded up $0.16 during trading on Tuesday, hitting $42.46. 796 shares of the company’s stock were exchanged, compared to its average volume of 2,935. The stock’s 50 day moving average price is $41.18 and its two-hundred day moving average price is $39.15. Gotham Enhanced 500 ETF has a fifty-two week low of $34.35 and a fifty-two week high of $42.85. The company has a market cap of $748.15 million, a PE ratio of 22.50 and a beta of 0.98.

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.