Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Sees Significant Growth in Short Interest

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 909 shares, a growth of 15,050.0% from the December 15th total of 6 shares. Based on an average trading volume of 4,855 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 4,855 shares, the days-to-cover ratio is currently 0.2 days.

Virtus Alpha Simplex Managed Futures ETF Price Performance

NYSEARCA:ASMF opened at $24.87 on Tuesday. The firm has a market capitalization of $31.09 million, a price-to-earnings ratio of 15.22 and a beta of 0.28. The business has a 50 day simple moving average of $23.73 and a 200-day simple moving average of $23.22. Virtus Alpha Simplex Managed Futures ETF has a 1 year low of $21.82 and a 1 year high of $26.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ASMF. Jane Street Group LLC raised its stake in shares of Virtus Alpha Simplex Managed Futures ETF by 136.9% in the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock valued at $706,000 after acquiring an additional 17,565 shares during the period. Johnson & White Wealth Management LLC purchased a new position in shares of Virtus Alpha Simplex Managed Futures ETF during the 2nd quarter worth about $444,000. Abbington Investment Group bought a new position in Virtus Alpha Simplex Managed Futures ETF during the 3rd quarter valued at about $2,163,000. R. W. Roge & Company Inc. raised its position in Virtus Alpha Simplex Managed Futures ETF by 153.1% in the 2nd quarter. R. W. Roge & Company Inc. now owns 159,287 shares of the company’s stock worth $3,595,000 after purchasing an additional 96,342 shares during the period. Finally, A&I Financial Services LLC purchased a new stake in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter worth about $8,749,000.

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.