Gotham Short Strategies ETF (SHRT)
Gotham Short Strategies ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $6.74, up 0.31% on the session, giving a market capitalisation of $9.6M. Its beta of -0.59 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) aims to achieve its investment goals by strategically investing in both long and short positions of equities and equity-linked instruments, including swaps. Its primary focus is on companies listed on U.S. exchanges. Gotham Asset Management, LLC, which serves as the Sub-Adviser, is responsible for managing the fund and endeavors to maintain its net equity exposure—the difference between its long and short positions—at roughly 50% net short.
Gotham Short Strategies ETF is most often compared with the following Financial Services names: