Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Short Interest Update

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,669 shares, a growth of 423.2% from the April 30th total of 319 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 964 shares, the days-to-cover ratio is presently 1.7 days.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance

ROMO stock opened at $33.74 on Thursday. The stock has a market capitalization of $30.37 million, a price-to-earnings ratio of 19.33 and a beta of 0.59. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 1 year low of $30.46 and a 1 year high of $34.79. The stock’s fifty day moving average is $32.54 and its two-hundred day moving average is $33.10.

Institutional Trading of Strategy Shares Newfound/ReSolve Robust Momentum ETF

An institutional investor recently raised its position in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC raised its holdings in shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 450,526 shares of the company’s stock after acquiring an additional 27,257 shares during the period. Strategy Shares Newfound/ReSolve Robust Momentum ETF makes up 5.4% of WJ Interests LLC’s holdings, making the stock its 10th largest position. WJ Interests LLC owned approximately 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 as of its most recent SEC filing.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile

The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.