McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Short Interest Update

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 5,042 shares, a drop of 44.9% from the June 15th total of 9,156 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 34,936 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On McElhenny Sheffield Managed Risk ETF

A hedge fund recently bought a new position in McElhenny Sheffield Managed Risk ETF stock. Sankala Group LLC purchased a new position in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,353 shares of the company’s stock, valued at approximately $194,000. Sankala Group LLC owned 0.13% of McElhenny Sheffield Managed Risk ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

McElhenny Sheffield Managed Risk ETF Price Performance

MSMR opened at $35.05 on Wednesday. The business has a fifty day simple moving average of $36.18 and a 200 day simple moving average of $35.55. McElhenny Sheffield Managed Risk ETF has a 1 year low of $31.33 and a 1 year high of $37.67. The company has a market capitalization of $150.01 million, a PE ratio of 17.88 and a beta of 0.35.

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.