Short Interest in Mkam Etf (NASDAQ:MKAM) Drops By 76.3%

Mkam Etf (NASDAQ:MKAM) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 672 shares, a drop of 76.3% from the March 15th total of 2,837 shares. Based on an average daily volume of 60 shares, the short-interest ratio is currently 11.2 days. Currently, 0.2% of the shares of the stock are sold short.

Mkam Etf Trading Up 0.3%

MKAM stock traded up $0.10 during trading on Monday, hitting $30.62. 162 shares of the stock traded hands, compared to its average volume of 1,107. Mkam Etf has a one year low of $28.41 and a one year high of $31.22. The stock has a market cap of $12.55 million, a price-to-earnings ratio of 24.59 and a beta of 0.42. The company has a 50 day simple moving average of $30.59 and a 200 day simple moving average of $30.73.

Mkam Etf Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.2283 dividend. The ex-dividend date of this dividend was Monday, March 30th.

Mkam Etf Company Profile

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.