Short Interest in Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Expands By 278.0%

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,581 shares, an increase of 278.0% from the April 30th total of 2,270 shares. Based on an average daily volume of 1,511 shares, the days-to-cover ratio is currently 5.7 days. Approximately 0.0% of the shares of the company are sold short.

Gotham Enhanced 500 ETF Price Performance

GSPY traded up $0.18 on Friday, hitting $41.10. The company had a trading volume of 2,325 shares, compared to its average volume of 2,342. The company’s fifty day moving average price is $38.14 and its 200 day moving average price is $37.45. Gotham Enhanced 500 ETF has a 1-year low of $31.99 and a 1-year high of $41.19. The stock has a market cap of $725.42 million, a price-to-earnings ratio of 22.50 and a beta of 0.97.

Gotham Enhanced 500 ETF Company Profile

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.