Anydrus Advantage ETF (BATS:NDOW) Sees Significant Increase in Short Interest

Anydrus Advantage ETF (BATS:NDOW) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 3,024 shares, a growth of 375.5% from the May 31st total of 636 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 8,893 shares, the days-to-cover ratio is currently 0.3 days.

Anydrus Advantage ETF Stock Performance

BATS NDOW opened at $29.22 on Monday. The firm’s 50 day moving average is $29.22 and its 200-day moving average is $28.48. Anydrus Advantage ETF has a 12-month low of $25.79 and a 12-month high of $30.05.

Institutional Investors Weigh In On Anydrus Advantage ETF

A hedge fund recently raised its stake in Anydrus Advantage ETF stock. Belpointe Asset Management LLC lifted its holdings in shares of Anydrus Advantage ETF (BATS:NDOW) by 7.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,994,920 shares of the company’s stock after buying an additional 134,685 shares during the period. Anydrus Advantage ETF comprises 2.0% of Belpointe Asset Management LLC’s holdings, making the stock its 7th largest position. Belpointe Asset Management LLC owned approximately 112.07% of Anydrus Advantage ETF worth $54,998,000 as of its most recent SEC filing.

Anydrus Advantage ETF Company Profile

The Anydrus Advantage ETF (NDOW) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed asset allocation fund that seeks capital appreciation and income by holding a broad portfolio of various asset classes from around the world, including ETFs. NDOW was launched on May 14, 2024 and is issued by Anydrus.