McElhenny Sheffield Managed Risk ETF (BATS:MSMR – Get Free Report) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 81 shares, a decline of 95.5% from the July 30th total of 1,783 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,621 shares, the short-interest ratio is currently 0.0 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of MSMR. Janney Montgomery Scott LLC raised its position in McElhenny Sheffield Managed Risk ETF by 130.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 18,603 shares of the company’s stock valued at $642,000 after purchasing an additional 10,538 shares in the last quarter. Sankala Group LLC bought a new position in shares of McElhenny Sheffield Managed Risk ETF during the 4th quarter worth $194,000. Finally, Compass Financial Management LLC bought a new position in shares of McElhenny Sheffield Managed Risk ETF during the 2nd quarter worth $28,000.
McElhenny Sheffield Managed Risk ETF Price Performance
Shares of MSMR stock opened at $34.82 on Thursday. The company has a market capitalization of $149.03 million, a P/E ratio of 17.88 and a beta of 0.35. The company’s 50-day simple moving average is $34.97 and its two-hundred day simple moving average is $35.43. McElhenny Sheffield Managed Risk ETF has a one year low of $31.92 and a one year high of $37.67.
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.
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