AdvisorShares Investments will roll out a shrink exchange-traded fund (ETF) in the market. The TrimTabs Float Shrink ETF will aim at TrimTabs proprietary research, which measures the change in float shrink, the change in free cash flow and net debt issuance.
The fund will open for trading October 5. The ETF’s portfolio management team of the fund is a part of TrimTabs Asset Management.
Click here for the release from PR Newswire.