Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) Short Interest Update

Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 8,200 shares, a decrease of 60.6% from the April 30th total of 20,808 shares. Based on an average daily volume of 14,889 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Gadsden Dynamic Multi-Asset ETF

A hedge fund recently bought a new stake in Gadsden Dynamic Multi-Asset ETF stock. Redwood Wealth Management Group LLC acquired a new stake in Gadsden Dynamic Multi-Asset ETF (BATS:GDMA) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,693 shares of the company’s stock, valued at approximately $313,000. Redwood Wealth Management Group LLC owned approximately 0.21% of Gadsden Dynamic Multi-Asset ETF as of its most recent filing with the SEC.

Gadsden Dynamic Multi-Asset ETF Price Performance

Shares of Gadsden Dynamic Multi-Asset ETF stock opened at $41.63 on Friday. Gadsden Dynamic Multi-Asset ETF has a fifty-two week low of $32.97 and a fifty-two week high of $43.32. The firm has a fifty day moving average price of $41.31 and a two-hundred day moving average price of $40.69. The company has a market cap of $152.37 million, a PE ratio of 18.40 and a beta of 0.10.

About Gadsden Dynamic Multi-Asset ETF

The Alpha Architect Gadsden Dynamic Multi-Asset ETF (GDMA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed portfolio that may hold any asset class. The fund seeks total return. GDMA was launched on Nov 14, 2018 and is managed by Gadsden.