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 in 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. Based on an average daily volume of 5,126 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 5,126 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ASMF. A&I Financial Services LLC purchased a new stake in Virtus Alpha Simplex Managed Futures ETF in the third quarter valued at $8,749,000. Abbington Investment Group grew its holdings in shares of Virtus Alpha Simplex Managed Futures ETF by 150.6% during the 4th quarter. Abbington Investment Group now owns 233,194 shares of the company’s stock worth $5,593,000 after purchasing an additional 140,152 shares during the period. R. W. Roge & Company Inc. grew its holdings in shares of Virtus Alpha Simplex Managed Futures ETF by 153.1% during 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, Jane Street Group LLC increased its position in shares of 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 last quarter.

Virtus Alpha Simplex Managed Futures ETF Price Performance

Shares of ASMF stock opened at $25.34 on Wednesday. The company has a market capitalization of $32.94 million, a PE ratio of 15.22 and a beta of 0.28. The firm’s 50-day moving average is $24.07 and its two-hundred day moving average is $23.40. Virtus Alpha Simplex Managed Futures ETF has a 12 month low of $21.82 and a 12 month high of $26.27.

About Virtus Alpha Simplex Managed Futures ETF

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.