Investors can now capitalize on a potential quick turnaround in a heavily shorted segment of the market through a new actively managed contrarian exchange traded fund play that bets on companies with heavily shorted positions.
On Wednesday, StrategyShares launched the Active Alts Contrarian ETF (NasdaqGM: SQZZ). SQZZ has a total expense ratio of 1.95%.
Brad Lamensdorf, founder and owner of Active Alts Inc., will manage the short squeeze fund. Lamensdorf is no stranger to ETFs as he also helps manage the AdvisorShares Ranger Equity Bear ETF (NYSEArca: HDGE), which focuses on weak companies to short.
The full article is available at https://www.etftrends.com/2017/03/the-first-short-squeeze-etf-strategy-hits-the-market/