Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Shares Shorted: Short Interest Up 277.5% in October

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 25,881 shares, an increase of 277.5% from the September 30th total of 6,856 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 27,925 shares, the days-to-cover ratio is currently 0.9 days.

Relative Sentiment Tactical Allocation ETF Price Performance

MOOD traded up $0.09 on Wednesday, hitting $44.82. 21,360 shares of the stock were exchanged, compared to its average volume of 24,079. The business has a 50-day moving average of $44.59 and a two-hundred day moving average of $43.14. The firm has a market capitalization of $163.14 million, a price-to-earnings ratio of 17.72 and a beta of 0.66. Relative Sentiment Tactical Allocation ETF has a 12 month low of $36.01 and a 12 month high of $45.11.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC raised its holdings in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 8.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,202,260 shares of the company’s stock after buying an additional 97,021 shares during the quarter. Relative Sentiment Tactical Allocation ETF accounts for 3.6% of Ethos Financial Group LLC’s investment portfolio, making the stock its 2nd largest holding. Ethos Financial Group LLC owned about 44.20% of Relative Sentiment Tactical Allocation ETF worth $49,135,000 as of its most recent SEC filing.

About Relative Sentiment Tactical Allocation ETF

The Relative Sentiment Tactical Allocation ETF (MOOD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that tactically invests in equities, bonds, and gold based on relative sentiment factors. MOOD was launched on May 19, 2022 and is issued by Alpha Architect.