Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Short Interest Up 198.6% in May

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 23,431 shares, an increase of 198.6% from the April 30th total of 7,848 shares. Based on an average trading volume of 14,793 shares, the short-interest ratio is currently 1.6 days. Currently, 0.9% of the shares of the stock are sold short.

Relative Sentiment Tactical Allocation ETF Stock Performance

Shares of NASDAQ MOOD traded up $0.02 during trading on Friday, reaching $43.99. The company had a trading volume of 27,406 shares, compared to its average volume of 26,931. Relative Sentiment Tactical Allocation ETF has a 52 week low of $31.94 and a 52 week high of $44.89. The stock has a market cap of $119.65 million, a PE ratio of 17.72 and a beta of 0.66. The business’s 50 day moving average price is $42.16 and its 200-day moving average price is $40.81.

Hedge Funds Weigh In On Relative Sentiment Tactical Allocation ETF

A hedge fund recently raised its stake in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC lifted its holdings in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 8.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (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 comprises approximately 3.6% of Ethos Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Ethos Financial Group LLC owned about 44.20% of Relative Sentiment Tactical Allocation ETF worth $49,135,000 at the end of the most recent quarter.

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.