Return Stacked U.S. Stocks & Managed Futures ETF (BATS:RSST – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 312,669 shares, a growth of 1,403.1% from the August 31st total of 20,802 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average daily volume of 162,636 shares, the short-interest ratio is currently 1.9 days.
Return Stacked U.S. Stocks & Managed Futures ETF Stock Performance
Shares of RSST traded up $0.29 during trading hours on Thursday, reaching $36.08. 217,563 shares of the company traded hands, compared to its average volume of 104,982. The stock’s fifty day moving average is $33.76 and its 200 day moving average is $32.34. The stock has a market cap of $374.51 million, a P/E ratio of 21.57 and a beta of 1.33. Return Stacked U.S. Stocks & Managed Futures ETF has a 1-year low of $25.41 and a 1-year high of $36.08.
Hedge Funds Weigh In On Return Stacked U.S. Stocks & Managed Futures ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Worth Asset Management LLC raised its holdings in Return Stacked U.S. Stocks & Managed Futures ETF by 12.4% in the 2nd quarter. Worth Asset Management LLC now owns 31,207 shares of the company’s stock valued at $1,020,000 after acquiring an additional 3,449 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in shares of Return Stacked U.S. Stocks & Managed Futures ETF during the 1st quarter worth approximately $76,000. Finally, WJ Interests LLC increased its position in shares of Return Stacked U.S. Stocks & Managed Futures ETF by 10.8% during the first quarter. WJ Interests LLC now owns 218,544 shares of the company’s stock valued at $6,180,000 after purchasing an additional 21,296 shares during the period.
Return Stacked U.S. Stocks & Managed Futures ETF Company Profile
The Return Stacked U.S. Stocks & Managed Futures ETF (RSST) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that uses leverage to stack total returns from two strategies. The fund manages a portfolio of large-cap U.S RSST was launched on Sep 6, 2023 and is issued by Return Stacked.
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