McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Sees Large Increase in Short Interest

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 101 shares. Based on an average daily trading volume, of 13,400 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On McElhenny Sheffield Managed Risk ETF

An institutional investor recently bought a new stake in McElhenny Sheffield Managed Risk ETF stock. Compass Financial Management LLC purchased a new stake in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 796 shares of the company’s stock, valued at approximately $28,000.

McElhenny Sheffield Managed Risk ETF Stock Up 0.3%

MSMR stock opened at $35.45 on Friday. The business’s 50-day moving average price is $34.59 and its 200-day moving average price is $35.24. The stock has a market cap of $151.73 million, a P/E ratio of 17.88 and a beta of 0.35. McElhenny Sheffield Managed Risk ETF has a twelve month low of $33.57 and a twelve month high of $37.67.

McElhenny Sheffield Managed Risk ETF Company Profile

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.