Short Interest in Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Rises By 4,525.0%

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 43,799 shares, a growth of 4,525.0% from the July 30th total of 947 shares. Based on an average daily volume of 8,586 shares, the days-to-cover ratio is currently 5.1 days. Approximately 0.2% of the shares of the company are sold short.

Gotham Enhanced 500 ETF Stock Performance

Shares of NYSEARCA GSPY traded up $0.16 during midday trading on Tuesday, reaching $42.46. The company’s stock had a trading volume of 796 shares, compared to its average volume of 2,935. Gotham Enhanced 500 ETF has a fifty-two week low of $34.35 and a fifty-two week high of $42.85. The business’s 50 day moving average price is $41.18 and its two-hundred day moving average price is $39.15. The company has a market cap of $748.15 million, a P/E ratio of 22.50 and a beta of 0.98.

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.