Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Short Interest Update

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 11,623 shares, an increase of 116.5% from the January 15th total of 5,369 shares. Based on an average daily volume of 15,346 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.9% of the shares of the company are sold short. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 15,346 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Virtus Alpha Simplex Managed Futures ETF

A number of hedge funds have recently modified their holdings of ASMF. A&I Financial Services LLC acquired a new stake in shares of Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter worth approximately $8,749,000. Abbington Investment Group lifted its position in Virtus Alpha Simplex Managed Futures ETF by 150.6% in the fourth quarter. Abbington Investment Group now owns 233,194 shares of the company’s stock worth $5,593,000 after purchasing an additional 140,152 shares during the period. Finally, Jane Street Group LLC boosted its stake in Virtus Alpha Simplex Managed Futures ETF by 136.9% during the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after buying an additional 17,565 shares in the last quarter.

Virtus Alpha Simplex Managed Futures ETF Stock Performance

Shares of ASMF traded up $0.08 during trading hours on Friday, reaching $25.61. 1,778 shares of the company traded hands, compared to its average volume of 7,486. The stock’s fifty day moving average is $24.60 and its 200 day moving average is $23.64. Virtus Alpha Simplex Managed Futures ETF has a 1-year low of $21.82 and a 1-year high of $26.43. The stock has a market cap of $33.29 million, a P/E ratio of 15.22 and a beta of 0.28.

Virtus Alpha Simplex Managed Futures ETF Company Profile

The Virtus Alphasimplex Managed Futures ETF (ASMF) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed alternative fund that uses trend-following models and risk management approaches to capture opportunities in futures contracts of various asset classes. ASMF was launched on May 15, 2024 and is issued by Virtus Investment Partners.