Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) Sees Large Decrease in Short Interest

Virtus Alpha Simplex Managed Futures ETF (NYSEARCA:ASMF) was the target of a significant drop in short interest in February. As of February 27th, there was short interest totaling 1,663 shares, a drop of 13.7% from the February 12th total of 1,927 shares. Based on an average daily trading volume, of 25,263 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 25,263 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ASMF. Jane Street Group LLC boosted its stake in Virtus Alpha Simplex Managed Futures ETF by 136.9% during the first quarter. Jane Street Group LLC now owns 30,394 shares of the company’s stock worth $706,000 after buying an additional 17,565 shares in the last quarter. A&I Financial Services LLC bought a new stake in Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter valued at $8,749,000. Finally, Abbington Investment Group acquired a new position in shares of Virtus Alpha Simplex Managed Futures ETF in the 3rd quarter valued at $2,163,000.

Virtus Alpha Simplex Managed Futures ETF Stock Down 0.6%

Virtus Alpha Simplex Managed Futures ETF stock opened at $25.76 on Thursday. The business has a 50 day moving average price of $25.47 and a two-hundred day moving average price of $24.17. Virtus Alpha Simplex Managed Futures ETF has a 12 month low of $21.82 and a 12 month high of $26.43. The stock has a market cap of $33.49 million, a price-to-earnings ratio of 15.22 and a beta of 0.28.

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.