McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Short Interest Down 44.9% in June

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) was the recipient of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,042 shares, a decline of 44.9% from the June 15th total of 9,156 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 34,936 shares, the short-interest ratio is currently 0.1 days.

McElhenny Sheffield Managed Risk ETF Stock Down 0.7%

MSMR opened at $34.71 on Friday. McElhenny Sheffield Managed Risk ETF has a 52 week low of $31.33 and a 52 week high of $37.67. The business has a 50 day moving average price of $36.12 and a two-hundred day moving average price of $35.54. The company has a market cap of $148.56 million, a PE ratio of 17.88 and a beta of 0.35.

Institutional Investors Weigh In On McElhenny Sheffield Managed Risk ETF

A hedge fund recently bought a new stake in McElhenny Sheffield Managed Risk ETF stock. Sankala Group LLC acquired a new stake in McElhenny Sheffield Managed Risk ETF (BATS:MSMR) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 5,353 shares of the company’s stock, valued at approximately $194,000. Sankala Group LLC owned about 0.13% of McElhenny Sheffield Managed Risk ETF at the end of the most recent reporting period.

About McElhenny Sheffield Managed Risk ETF

The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.