Short Interest in Mkam Etf (NASDAQ:MKAM) Drops By 91.2%

Mkam Etf (NASDAQ:MKAM) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 338 shares, a decline of 91.2% from the May 14th total of 3,822 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 178 shares, the days-to-cover ratio is currently 1.9 days.

Mkam Etf Stock Performance

Shares of NASDAQ:MKAM traded up $0.03 during trading on Tuesday, reaching $31.78. 8 shares of the stock were exchanged, compared to its average volume of 873. Mkam Etf has a 12-month low of $28.94 and a 12-month high of $32.19. The firm has a market cap of $13.03 million, a price-to-earnings ratio of 24.59 and a beta of 0.41. The firm’s 50-day moving average price is $31.25 and its 200 day moving average price is $30.98.

Mkam Etf Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were issued a dividend of $0.2283 per share. 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.