Short Interest in Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Rises By 490.6%

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 5,369 shares, a growth of 490.6% from the December 31st total of 909 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 5,126 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 5,126 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its position in 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 purchasing an additional 17,565 shares during the period. Abbington Investment Group purchased a new stake in shares of Virtus Alpha Simplex Managed Futures ETF in the third quarter worth about $2,163,000. R. W. Roge & Company Inc. grew its holdings in Virtus Alpha Simplex Managed Futures ETF by 153.1% during the second quarter. R. W. Roge & Company Inc. now owns 159,287 shares of the company’s stock worth $3,595,000 after acquiring an additional 96,342 shares during the period. Finally, A&I Financial Services LLC purchased a new position in Virtus Alpha Simplex Managed Futures ETF during the third quarter valued at approximately $8,749,000.

Virtus Alpha Simplex Managed Futures ETF Stock Performance

Shares of ASMF stock opened at $25.34 on Wednesday. Virtus Alpha Simplex Managed Futures ETF has a fifty-two week low of $21.82 and a fifty-two week high of $26.27. The firm has a market capitalization of $32.94 million, a PE ratio of 15.22 and a beta of 0.28. The stock’s 50-day simple moving average is $24.07 and its 200-day simple moving average is $23.40.

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.