Short Interest in Anydrus Advantage ETF (BATS:NDOW) Rises By 88.2%

Anydrus Advantage ETF (BATS:NDOW) saw a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 636 shares, a growth of 88.2% from the May 14th total of 338 shares. Based on an average daily trading volume, of 11,014 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Anydrus Advantage ETF stock. Belpointe Asset Management LLC raised its stake in Anydrus Advantage ETF (BATS:NDOW) by 7.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,994,920 shares of the company’s stock after buying an additional 134,685 shares during the period. Anydrus Advantage ETF comprises about 2.0% of Belpointe Asset Management LLC’s portfolio, making the stock its 7th biggest position. Belpointe Asset Management LLC owned 112.07% of Anydrus Advantage ETF worth $54,998,000 as of its most recent filing with the Securities and Exchange Commission.

Anydrus Advantage ETF Trading Up 0.4%

BATS:NDOW opened at $29.48 on Tuesday. Anydrus Advantage ETF has a one year low of $25.28 and a one year high of $30.05. The firm’s 50 day simple moving average is $28.99 and its 200 day simple moving average is $28.36.

About Anydrus Advantage ETF

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.