Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Sees Significant Drop in Short Interest

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) saw a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 3,124 shares, a decrease of 78.5% from the April 15th total of 14,553 shares. Based on an average trading volume of 4,851 shares, the short-interest ratio is currently 0.6 days. Currently, 0.3% of the shares of the stock are short sold.

Relative Strength Managed Volatility Strategy ETF Price Performance

NYSEARCA:RSMV remained flat at $29.08 during trading hours on Friday. The company had a trading volume of 7,599 shares, compared to its average volume of 11,451. The stock has a market capitalization of $30.82 million, a P/E ratio of 24.09 and a beta of 0.67. Relative Strength Managed Volatility Strategy ETF has a fifty-two week low of $23.39 and a fifty-two week high of $29.08. The stock has a fifty day simple moving average of $27.19 and a two-hundred day simple moving average of $27.35.

Relative Strength Managed Volatility Strategy ETF Company Profile

The Relative Strength Managed Volatility Strategy ETF 1Shs (RSMV) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation by actively managing a narrow portfolio of US growth stocks of any capitalization. The selection process combines top-down macroeconomic and bottom-up analysis. RSMV was launched on Jan 13, 2025 and is issued by Teucrium.