Short Interest in Mkam Etf (NASDAQ:MKAM) Rises By 77.6%

Mkam Etf (NASDAQ:MKAMGet Free Report) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,325 shares, an increase of 77.6% from the August 15th total of 746 shares. Based on an average daily volume of 385 shares, the short-interest ratio is currently 3.4 days. Approximately 0.3% of the company’s stock are short sold.

Mkam Etf Stock Up 0.6%

Shares of NASDAQ:MKAM opened at $32.26 on Friday. The company has a market capitalization of $32.23 million, a price-to-earnings ratio of 24.59 and a beta of 0.41. Mkam Etf has a 52 week low of $29.78 and a 52 week high of $32.56. The firm has a 50 day moving average of $32.15 and a 200 day moving average of $31.55.

Mkam Etf Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were given a $0.1531 dividend. This represents a $0.61 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, June 29th.

Mkam Etf Company Profile

(Get Free Report)

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.

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