DGA Absolute Return ETF (NYSE:HF) Shares Shorted: Short Interest Down 40.5% in October

by · The Markets Daily

DGA Absolute Return ETF (NYSE:HF – Get Free Report) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 185 shares, a decline of 40.5% from the September 30th total of 311 shares. Based on an average daily volume of 159 shares, the short-interest ratio is presently 1.2 days. Approximately 0.0% of the company’s stock are short sold.

DGA Absolute Return ETF Stock Performance

Shares of HF stock traded down $0.09 during mid-day trading on Friday, reaching $22.59. The company’s stock had a trading volume of 19 shares, compared to its average volume of 765. The company has a market cap of $31.40 million, a P/E ratio of 7.19 and a beta of 0.36. DGA Absolute Return ETF has a 1-year low of $20.89 and a 1-year high of $22.86. The firm’s 50-day moving average is $22.62 and its two-hundred day moving average is $22.00.

Institutional Investors Weigh In On DGA Absolute Return ETF

A hedge fund recently bought a new stake in DGA Absolute Return ETF stock. Doliver Advisors LP purchased a new position in DGA Absolute Return ETF (NYSE:HF – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 853,492 shares of the company’s stock, valued at approximately $19,143,000. DGA Absolute Return ETF comprises about 4.1% of Doliver Advisors LP’s holdings, making the stock its 3rd largest holding. Doliver Advisors LP owned about 61.40% of DGA Absolute Return ETF at the end of the most recent quarter. 85.83% of the stock is currently owned by institutional investors and hedge funds.

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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