Return Stacked U.S. Stocks & Managed Futures ETF (BATS:RSST) Sees Significant Drop in Short Interest

Return Stacked U.S. Stocks & Managed Futures ETF (BATS:RSST) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 78,245 shares, a decline of 50.0% from the June 15th total of 156,431 shares. Based on an average trading volume of 109,005 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Worth Asset Management LLC grew its holdings in Return Stacked U.S. Stocks & Managed Futures ETF by 12.4% during the 2nd quarter. Worth Asset Management LLC now owns 31,207 shares of the company’s stock valued at $1,020,000 after buying an additional 3,449 shares in the last quarter. Ascentis Independent Advisors purchased a new position in Return Stacked U.S. Stocks & Managed Futures ETF during the first quarter valued at approximately $76,000. WJ Interests LLC increased its holdings in Return Stacked U.S. Stocks & Managed Futures ETF by 10.8% during the 1st quarter. WJ Interests LLC now owns 218,544 shares of the company’s stock worth $6,180,000 after acquiring an additional 21,296 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its stake in Return Stacked U.S. Stocks & Managed Futures ETF by 4.5% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 224,030 shares of the company’s stock worth $5,928,000 after purchasing an additional 9,651 shares in the last quarter.

Return Stacked U.S. Stocks & Managed Futures ETF Price Performance

Return Stacked U.S. Stocks & Managed Futures ETF stock opened at $33.18 on Thursday. Return Stacked U.S. Stocks & Managed Futures ETF has a one year low of $22.31 and a one year high of $34.79. The business has a fifty day moving average price of $33.02 and a 200-day moving average price of $30.95. The firm has a market capitalization of $344.41 million, a P/E ratio of 21.57 and a beta of 1.33.

About Return Stacked U.S. Stocks & Managed Futures ETF

The Return Stacked U.S. Stocks & Managed Futures ETF (RSST) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that uses leverage to stack total returns from two strategies. The fund manages a portfolio of large-cap U.S RSST was launched on Sep 6, 2023 and is issued by Return Stacked.