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

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

Mkam Etf Stock Performance

MKAM remained flat at $31.47 on Thursday. 39 shares of the company traded hands, compared to its average volume of 901. The firm has a market capitalization of $12.90 million, a price-to-earnings ratio of 24.59 and a beta of 0.41. Mkam Etf has a 52-week low of $28.94 and a 52-week high of $32.19. The company’s fifty day simple moving average is $31.30 and its two-hundred day simple moving average is $30.99.

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 was Monday, March 30th.

Mkam Etf Company Profile

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.