RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Short Interest Update

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 28,518 shares, a decline of 61.4% from the May 14th total of 73,939 shares. Based on an average trading volume of 78,304 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.4% of the shares of the company are short sold.

RH Hedged Multi-Asset Income ETF Trading Up 0.1%

Shares of RH Hedged Multi-Asset Income ETF stock traded up $0.01 on Friday, reaching $7.69. 39,822 shares of the stock were exchanged, compared to its average volume of 59,670. RH Hedged Multi-Asset Income ETF has a 1-year low of $7.55 and a 1-year high of $8.44. The business has a fifty day moving average price of $7.90 and a two-hundred day moving average price of $7.98. The firm has a market capitalization of $57.98 million, a PE ratio of 26.76 and a beta of 0.47.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in RH Hedged Multi-Asset Income ETF stock. Janney Montgomery Scott LLC bought a new position in shares of RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $198,000. Janney Montgomery Scott LLC owned 0.42% of RH Hedged Multi-Asset Income ETF at the end of the most recent quarter.

About RH Hedged Multi-Asset Income ETF

The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.