Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF – Get Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 909 shares, a growth of 15,050.0% from the December 15th total of 6 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,855 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 4,855 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.
Virtus Alpha Simplex Managed Futures ETF Stock Performance
Shares of ASMF traded up $0.29 during mid-day trading on Monday, hitting $24.87. 2,155 shares of the stock were exchanged, compared to its average volume of 5,422. The firm has a 50-day moving average of $23.70 and a two-hundred day moving average of $23.21. Virtus Alpha Simplex Managed Futures ETF has a 52-week low of $21.82 and a 52-week high of $26.27. The company has a market cap of $31.09 million, a PE ratio of 15.22 and a beta of 0.28.
Institutional Investors Weigh In On Virtus Alpha Simplex Managed Futures ETF
Several hedge funds have recently modified their holdings of ASMF. Abbington Investment Group acquired a new position in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter worth about $2,163,000. R. W. Roge & Company Inc. grew its holdings in Virtus Alpha Simplex Managed Futures ETF by 153.1% in the second quarter. R. W. Roge & Company Inc. now owns 159,287 shares of the company’s stock valued at $3,595,000 after purchasing an additional 96,342 shares during the period. A&I Financial Services LLC purchased a new stake in shares of Virtus Alpha Simplex Managed Futures ETF in the third quarter valued at approximately $8,749,000. Johnson & White Wealth Management LLC purchased a new stake in shares of Virtus Alpha Simplex Managed Futures ETF in the second quarter valued at approximately $444,000. Finally, Jane Street Group LLC raised its stake in shares of Virtus Alpha Simplex Managed Futures ETF by 136.9% during the 1st 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 during the period.
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.
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