Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Short Interest Up 650.0% in October

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMVGet Free Report) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 4,500 shares, an increase of 650.0% from the September 30th total of 600 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Relative Strength Managed Volatility Strategy ETF Stock Performance

RSMV stock opened at $27.43 on Tuesday. The stock has a market cap of $44.99 million, a P/E ratio of 24.09 and a beta of 0.86. The firm has a 50 day simple moving average of $26.41 and a 200 day simple moving average of $24.98. Relative Strength Managed Volatility Strategy ETF has a 52 week low of $21.55 and a 52 week high of $27.43.

Institutional Trading of Relative Strength Managed Volatility Strategy ETF

A hedge fund recently bought a new stake in Relative Strength Managed Volatility Strategy ETF stock. OLD Mission Capital LLC purchased a new position in shares of Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMVFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 51,994 shares of the company’s stock, valued at approximately $1,238,000. OLD Mission Capital LLC owned 1.83% of Relative Strength Managed Volatility Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Relative Strength Managed Volatility Strategy ETF Company Profile

(Get Free Report)

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.

Further Reading

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