DGA Absolute Return ETF (NYSE:HF) Stock Short Interest Drops 86.5%

by · The Markets Daily

DGA Absolute Return ETF (NYSE:HF – Get Free Report) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 311 shares, a decrease of 86.5% from the September 15th total of 2,312 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of DGA Absolute Return ETF

A hedge fund recently raised its position in DGA Absolute Return ETF stock. Doliver Advisors LP lifted its holdings in DGA Absolute Return ETF (NYSE:HF – Free Report) by 1.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 854,601 shares of the company’s stock after acquiring an additional 15,409 shares during the quarter. DGA Absolute Return ETF accounts for 4.3% of Doliver Advisors LP’s holdings, making the stock its 3rd biggest position. Doliver Advisors LP owned approximately 92.89% of DGA Absolute Return ETF worth $19,023,000 as of its most recent SEC filing. Institutional investors and hedge funds own 85.83% of the company’s stock.

DGA Absolute Return ETF Price Performance

HF traded up $0.06 during trading on Friday, reaching $22.62. 311 shares of the company’s stock were exchanged, compared to its average volume of 807. DGA Absolute Return ETF has a 1 year low of $20.89 and a 1 year high of $22.86. The stock has a market capitalization of $31.44 million, a P/E ratio of 7.20 and a beta of 0.36. The company’s fifty day simple moving average is $22.64 and its 200-day simple moving average is $22.15.

DGA Absolute Return ETF Company Profile

(Get Free Report)

The DGA Absolute Return ETF (HF) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively managed fund-of-funds that investments in unaffiliated ETFs without any limitation to geography or asset classes. The fund aims for long-term capital appreciation and preservation by applying an absolute return approach through a proprietary, analytical investment model. HF was launched on Aug 2, 2023 and is issued by DGA.

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