GammaRoad Market Navigation ETF (NYSEARCA:GMMA) Short Interest Update

GammaRoad Market Navigation ETF (NYSEARCA:GMMA) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 632 shares, a drop of 50.3% from the April 15th total of 1,272 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 527 shares, the short-interest ratio is currently 1.2 days.

GammaRoad Market Navigation ETF Stock Down 0.0%

Shares of GammaRoad Market Navigation ETF stock opened at $21.43 on Monday. The firm’s 50 day moving average price is $20.99 and its 200-day moving average price is $21.24. GammaRoad Market Navigation ETF has a 52-week low of $20.14 and a 52-week high of $21.61. The company has a market cap of $6.43 million, a P/E ratio of 25.87 and a beta of 0.34.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GammaRoad Market Navigation ETF stock. Flow Traders U.S. LLC acquired a new position in GammaRoad Market Navigation ETF (NYSEARCA:GMMA) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 22,164 shares of the company’s stock, valued at approximately $455,000. Flow Traders U.S. LLC owned about 7.92% of GammaRoad Market Navigation ETF as of its most recent SEC filing.

GammaRoad Market Navigation ETF Company Profile

The GammaRoad Market Navigation ETF (GMMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed, seeking capital growth through a portfolio that can alternate allocations between US large-cap equities and US T-Bills based on daily market conditions. The fund may allocate to a 2x leveraged ETF. GMMA was launched on Sep 16, 2024 and is issued by GammaRoad.