Return Stacked Bonds & Managed Futures ETF (BATS:RSBT – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 173,166 shares, a growth of 515.4% from the May 14th total of 28,139 shares. Currently, 3.6% of the company’s shares are sold short. Based on an average daily volume of 43,602 shares, the days-to-cover ratio is presently 4.0 days.
Return Stacked Bonds & Managed Futures ETF Trading Down 0.5%
Return Stacked Bonds & Managed Futures ETF stock opened at $18.77 on Thursday. The stock has a fifty day moving average price of $19.28 and a 200 day moving average price of $18.92. Return Stacked Bonds & Managed Futures ETF has a 52 week low of $15.60 and a 52 week high of $20.67.
Hedge Funds Weigh In On Return Stacked Bonds & Managed Futures ETF
Several institutional investors have recently added to or reduced their stakes in RSBT. Integrated Wealth Concepts LLC increased its stake in Return Stacked Bonds & Managed Futures ETF by 12.8% in the third quarter. Integrated Wealth Concepts LLC now owns 309,908 shares of the company’s stock valued at $5,401,000 after purchasing an additional 35,186 shares during the last quarter. Worth Asset Management LLC grew its position in Return Stacked Bonds & Managed Futures ETF by 76.3% during the fourth quarter. Worth Asset Management LLC now owns 18,315 shares of the company’s stock valued at $328,000 after acquiring an additional 7,925 shares during the period. Finally, Betterment LLC grew its position in Return Stacked Bonds & Managed Futures ETF by 31.9% during the second quarter. Betterment LLC now owns 22,707 shares of the company’s stock valued at $368,000 after acquiring an additional 5,493 shares during the period.
Return Stacked Bonds & Managed Futures ETF Company Profile
The Return Stacked Bonds & Managed Futures ETF (RSBT) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that holds a bond portfolio while utilizing a managed futures strategy. The fund uses leverage to stack the total return of its bond holdings with the potential returns of the managed futures. RSBT was launched on Feb 7, 2023 and is managed by Return Stacked.
Further Reading
- Five stocks we like better than Return Stacked Bonds & Managed Futures ETF
- As Shares Fall, Analyst Are Boosting their Broadcom Price Targets
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
Receive News & Ratings for Return Stacked Bonds & Managed Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Return Stacked Bonds & Managed Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.
