Mkam Etf (NASDAQ:MKAM) Short Interest Down 65.4% in April

Mkam Etf (NASDAQ:MKAM) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 502 shares, a drop of 65.4% from the April 15th total of 1,452 shares. Based on an average daily trading volume, of 588 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are sold short.

Mkam Etf Stock Performance

NASDAQ:MKAM traded down $0.19 during trading hours on Friday, reaching $31.72. The stock had a trading volume of 2,227 shares, compared to its average volume of 964. The stock has a 50 day simple moving average of $30.76 and a 200 day simple moving average of $30.83. Mkam Etf has a 12-month low of $28.51 and a 12-month high of $31.92. The stock has a market cap of $13.01 million, a P/E ratio of 24.59 and a beta of 0.41.

Mkam Etf Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were given a $0.2283 dividend. The ex-dividend date was Monday, March 30th.

About Mkam Etf

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.