Tactical Advantage ETF (NYSEARCA:FDAT) Sees Significant Increase in Short Interest

Tactical Advantage ETF (NYSEARCA:FDAT – Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,049 shares, a growth of 173.9% from the July 15th total of 383 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 450 shares, the short-interest ratio is currently 2.3 days.

Tactical Advantage ETF Stock Up 0.4%

Shares of FDAT stock opened at $22.94 on Friday. The stock has a market cap of $37.62 million, a P/E ratio of 18.08 and a beta of 0.49. Tactical Advantage ETF has a 52 week low of $21.42 and a 52 week high of $23.25. The company’s fifty day simple moving average is $22.29 and its two-hundred day simple moving average is $22.17.

Get Tactical Advantage ETF alerts:

About Tactical Advantage ETF

(Get Free Report)

The Tactical Advantage ETF (FDAT) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds, aiming for capital appreciation by investing in equity and high-yield bond ETFs. The fund attempts to reduce return volatility and downside risk by shifting the portfolio’s ETF exposure into cash through a proprietary multi-factor strategy. FDAT was launched on Apr 20, 2023 and is managed by Tactical Funds.

See Also

• Five stocks we like better than Tactical Advantage ETF
• Asian Market Circuit Breakers Hit Stocks, Not AI Demand
• Riot Platforms Re-Wires the Ledger for a $9B AI Power Play
• Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy?
• Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal

Receive News & Ratings for Tactical Advantage ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tactical Advantage ETF and related companies with MarketBeat.com's FREE daily email newsletter.