McElhenny Sheffield Managed Risk ETF (BATS:MSMR – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,185 shares, a growth of 1,363.0% from the August 15th total of 81 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 14,194 shares, the short-interest ratio is currently 0.1 days.
McElhenny Sheffield Managed Risk ETF Trading Down 0.9%
Shares of MSMR stock traded down $0.32 on Thursday, reaching $33.94. The company’s stock had a trading volume of 28,926 shares, compared to its average volume of 14,568. The stock’s fifty day simple moving average is $34.78 and its 200-day simple moving average is $35.35. McElhenny Sheffield Managed Risk ETF has a 1 year low of $32.82 and a 1 year high of $37.67. The company has a market capitalization of $145.26 million, a price-to-earnings ratio of 17.88 and a beta of 0.35.
Hedge Funds Weigh In On McElhenny Sheffield Managed Risk ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Compass Financial Management LLC bought a new stake in shares of McElhenny Sheffield Managed Risk ETF in the 2nd quarter worth about $28,000. Sankala Group LLC bought a new position in shares of McElhenny Sheffield Managed Risk ETF in the 4th quarter valued at about $194,000. Finally, Janney Montgomery Scott LLC purchased a new position in McElhenny Sheffield Managed Risk ETF in the fourth quarter worth about $281,000.
About McElhenny Sheffield Managed Risk ETF
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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