Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Short Interest Down 46.5% in April

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 319 shares, a decrease of 46.5% from the April 15th total of 596 shares. Based on an average trading volume of 1,695 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Strategy Shares Newfound/ReSolve Robust Momentum ETF

An institutional investor recently raised its position in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC increased its holdings in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 450,526 shares of the company’s stock after acquiring an additional 27,257 shares during the quarter. Strategy Shares Newfound/ReSolve Robust Momentum ETF makes up about 5.4% of WJ Interests LLC’s investment portfolio, making the stock its 10th largest position. WJ Interests LLC owned approximately 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 at the end of the most recent quarter.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Price Performance

BATS:ROMO opened at $32.98 on Monday. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 1-year low of $30.46 and a 1-year high of $34.79. The company has a 50-day moving average of $32.31 and a 200 day moving average of $33.15. The firm has a market cap of $29.68 million, a PE ratio of 19.33 and a beta of 0.59.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile

The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.