Short Interest in RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Drops By 28.9%

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 29,300 shares, a decrease of 28.9% from the September 15th total of 41,200 shares. Based on an average daily trading volume, of 31,300 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 31,300 shares, the days-to-cover ratio is presently 0.9 days.

RH Hedged Multi-Asset Income ETF Price Performance

NYSEARCA AMAX opened at $8.30 on Friday. The business’s fifty day moving average price is $8.15 and its 200-day moving average price is $7.91. The stock has a market capitalization of $36.52 million, a price-to-earnings ratio of 26.76 and a beta of 0.42. RH Hedged Multi-Asset Income ETF has a 1-year low of $7.06 and a 1-year high of $8.43.

RH Hedged Multi-Asset Income ETF Company Profile

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.