RH Tactical Rotation ETF (NYSEARCA:RHRX) Shares Shorted: Short Interest Down 39.9% in October

RH Tactical Rotation ETF (NYSEARCA:RHRX – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 3,798 shares, a decline of 39.9% from the September 30th total of 6,320 shares. Based on an average daily trading volume, of 4,315 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of RHRX. Partners Wealth Management LLC lifted its holdings in shares of RH Tactical Rotation ETF by 492.4% in the third quarter. Partners Wealth Management LLC now owns 1,285,309 shares of the company’s stock worth $27,596,000 after acquiring an additional 1,068,344 shares during the last quarter. Integrity Alliance LLC. bought a new stake in shares of RH Tactical Rotation ETF during the 3rd quarter valued at approximately $10,096,000. MGO One Seven LLC bought a new stake in shares of RH Tactical Rotation ETF during the 3rd quarter valued at approximately $1,241,000. Avior Wealth Management LLC bought a new stake in shares of RH Tactical Rotation ETF during the 3rd quarter valued at approximately $685,000. Finally, IFP Advisors Inc acquired a new position in RH Tactical Rotation ETF during the 3rd quarter worth approximately $546,000.

RH Tactical Rotation ETF Stock Down 1.0%

Shares of RHRX stock opened at $21.59 on Friday. The business has a fifty day simple moving average of $21.62 and a 200 day simple moving average of $20.83. The company has a market cap of $58.51 million, a P/E ratio of 22.83 and a beta of 0.92. RH Tactical Rotation ETF has a twelve month low of $17.46 and a twelve month high of $23.45.

About RH Tactical Rotation ETF

(Get Free Report)

The RH Tactical Rotation ETF (RHRX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that utilizes sector rotation strategies in its attempt to capitalize on changes in the business cycle. The fund is actively managed. RHRX was launched on Sep 20, 2012 and is managed by Adaptive.

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