Short Interest in Mkam Etf (NASDAQ:MKAM) Grows By 34.7%

Mkam Etf (NASDAQ:MKAM) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 718 shares, a growth of 34.7% from the November 30th total of 533 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 747 shares, the short-interest ratio is presently 1.0 days. Based on an average daily trading volume, of 747 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are sold short.

Mkam Etf Price Performance

Mkam Etf stock remained flat at $31.17 during midday trading on Tuesday. The company had a trading volume of 10,906 shares, compared to its average volume of 1,214. Mkam Etf has a 1-year low of $28.35 and a 1-year high of $31.22. The company’s fifty day moving average is $30.85 and its two-hundred day moving average is $30.24. The stock has a market capitalization of $9.97 million, a PE ratio of 24.59 and a beta of 0.42.

About Mkam Etf

The MKAM ETF (MKAM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to provide the performance return of US large-cap equities, but with less volatility and downside risk. The actively managed fund utilizes a proprietary multi-factor model to shift the portfolios exposure between equities and fixed income investments. MKAM was launched on Apr 12, 2023 and is managed by MKAM.