Short Interest in Mkam Etf (NASDAQ:MKAM) Grows By 661.4%

Mkam Etf (NASDAQ:MKAM) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 3,822 shares, a growth of 661.4% from the April 30th total of 502 shares. Based on an average daily volume of 630 shares, the days-to-cover ratio is presently 6.1 days. Currently, 0.9% of the shares of the stock are sold short.

Mkam Etf Trading Down 0.3%

Shares of MKAM traded down $0.10 during mid-day trading on Friday, reaching $31.98. 8 shares of the stock traded hands, compared to its average volume of 893. The firm has a fifty day moving average price of $31.01 and a 200 day moving average price of $30.91. The company has a market cap of $13.11 million, a price-to-earnings ratio of 24.59 and a beta of 0.41. Mkam Etf has a 1 year low of $28.71 and a 1 year high of $32.12.

Mkam Etf Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 30th were paid a dividend of $0.2283 per share. The ex-dividend date of this dividend 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.