Short Interest in Mkam Etf (NASDAQ:MKAM) Rises By 181.7%

Mkam Etf (NASDAQ:MKAM) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 952 shares, a growth of 181.7% from the May 31st total of 338 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 840 shares, the days-to-cover ratio is presently 1.1 days.

Mkam Etf Price Performance

Shares of MKAM traded up $0.00 during mid-day trading on Monday, reaching $31.67. The company’s stock had a trading volume of 43 shares, compared to its average volume of 835. Mkam Etf has a 12-month low of $29.30 and a 12-month high of $32.19. The stock has a market cap of $12.99 million, a PE ratio of 24.59 and a beta of 0.41. The company’s 50 day moving average is $31.67 and its 200 day moving average is $31.07.

Mkam Etf Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 29th will be issued a dividend of $0.1531 per share. The ex-dividend date of this dividend is Monday, June 29th.

Mkam Etf Company Profile

The MKAM ETF (MKAM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to provide the performance return of US large-cap equities, but with less volatility and downside risk. The actively managed fund utilizes a proprietary multi-factor model to shift the portfolios exposure between equities and fixed income investments. MKAM was launched on Apr 12, 2023 and is managed by MKAM.