Short Interest in Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Decreases By 87.7%

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 384 shares, a decline of 87.7% from the April 30th total of 3,124 shares. Based on an average daily trading volume, of 8,369 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Relative Strength Managed Volatility Strategy ETF Price Performance

RSMV stock traded up $0.05 during midday trading on Thursday, reaching $29.53. The company had a trading volume of 55,464 shares, compared to its average volume of 11,944. Relative Strength Managed Volatility Strategy ETF has a 1 year low of $23.73 and a 1 year high of $29.56. The company has a market capitalization of $31.30 million, a P/E ratio of 24.09 and a beta of 0.67. The firm has a 50-day moving average price of $27.55 and a 200-day moving average price of $27.47.

About Relative Strength Managed Volatility Strategy ETF

The Relative Strength Managed Volatility Strategy ETF 1Shs (RSMV) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation by actively managing a narrow portfolio of US growth stocks of any capitalization. The selection process combines top-down macroeconomic and bottom-up analysis. RSMV was launched on Jan 13, 2025 and is issued by Teucrium.