Return Stacked Bonds & Managed Futures ETF (BATS:RSBT) Short Interest Down 43.4% in May

Return Stacked Bonds & Managed Futures ETF (BATS:RSBT) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 28,139 shares, a decline of 43.4% from the April 30th total of 49,705 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 60,089 shares, the short-interest ratio is presently 0.5 days.

Return Stacked Bonds & Managed Futures ETF Price Performance

Shares of BATS:RSBT opened at $19.72 on Tuesday. Return Stacked Bonds & Managed Futures ETF has a 52 week low of $15.60 and a 52 week high of $20.67. The firm has a 50 day moving average of $19.20 and a 200 day moving average of $18.85.

Hedge Funds Weigh In On Return Stacked Bonds & Managed Futures ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Worth Asset Management LLC grew its holdings in Return Stacked Bonds & Managed Futures ETF by 23.5% in the first quarter. Worth Asset Management LLC now owns 22,613 shares of the company’s stock worth $426,000 after purchasing an additional 4,298 shares during the last quarter. Betterment LLC grew its holdings in Return Stacked Bonds & Managed Futures ETF by 2.5% in the fourth quarter. Betterment LLC now owns 24,695 shares of the company’s stock worth $443,000 after purchasing an additional 597 shares during the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in Return Stacked Bonds & Managed Futures ETF by 12.8% in the third quarter. Integrated Wealth Concepts LLC now owns 309,908 shares of the company’s stock worth $5,401,000 after purchasing an additional 35,186 shares during the last quarter.

Return Stacked Bonds & Managed Futures ETF Company Profile

The Return Stacked Bonds & Managed Futures ETF (RSBT) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that holds a bond portfolio while utilizing a managed futures strategy. The fund uses leverage to stack the total return of its bond holdings with the potential returns of the managed futures. RSBT was launched on Feb 7, 2023 and is managed by Return Stacked.