Short Interest in Gotham Enhanced 500 ETF (NYSEARCA:GSPY) Rises By 574.8%

Gotham Enhanced 500 ETF (NYSEARCA:GSPY) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,235 shares, an increase of 574.8% from the December 15th total of 924 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,377 shares, the short-interest ratio is currently 2.6 days. Based on an average trading volume of 2,377 shares, the short-interest ratio is currently 2.6 days. Approximately 0.0% of the company’s shares are short sold.

Gotham Enhanced 500 ETF Stock Performance

Gotham Enhanced 500 ETF stock traded down $0.14 during trading on Tuesday, reaching $37.48. The company had a trading volume of 1,114 shares, compared to its average volume of 2,139. Gotham Enhanced 500 ETF has a 12-month low of $26.80 and a 12-month high of $37.91. The stock’s 50 day moving average price is $37.03 and its two-hundred day moving average price is $36.09. The firm has a market capitalization of $651.42 million, a price-to-earnings ratio of 22.50 and a beta of 0.97.

Gotham Enhanced 500 ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, December 11th. Stockholders of record on Wednesday, December 10th were issued a dividend of $0.9628 per share. The ex-dividend date was Wednesday, December 10th. This represents a dividend yield of 261.0%.

About Gotham Enhanced 500 ETF

The Gotham Enhanced 500 ETF (GSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund actively seeks long-term capital appreciation by reweighting the components of the S&P 500 Index based on proprietary fundamental research. GSPY was launched on Dec 28, 2020 and is managed by Gotham.