McElhenny Sheffield Managed Risk ETF (BATS:MSMR – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 71 shares, a drop of 94.0% from the August 31st total of 1,185 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 16,314 shares, the days-to-cover ratio is presently 0.0 days.
McElhenny Sheffield Managed Risk ETF Trading Up 0.4%
Shares of BATS:MSMR traded up $0.13 during trading on Friday, hitting $34.74. 9,408 shares of the company’s stock traded hands, compared to its average volume of 14,024. The company has a 50-day moving average price of $34.59 and a 200-day moving average price of $35.22. McElhenny Sheffield Managed Risk ETF has a 52 week low of $33.12 and a 52 week high of $37.67. The company has a market cap of $148.69 million, a price-to-earnings ratio of 17.88 and a beta of 0.35.
Institutional Trading of McElhenny Sheffield Managed Risk ETF
Several hedge funds have recently bought and sold shares of the stock. Compass Financial Management LLC bought a new position in McElhenny Sheffield Managed Risk ETF in the second quarter valued at approximately $28,000. Janney Montgomery Scott LLC increased its position in shares of McElhenny Sheffield Managed Risk ETF by 130.7% during the first quarter. Janney Montgomery Scott LLC now owns 18,603 shares of the company’s stock worth $642,000 after acquiring an additional 10,538 shares in the last quarter. Finally, Sankala Group LLC acquired a new stake in shares of McElhenny Sheffield Managed Risk ETF during the fourth quarter worth $194,000.
About McElhenny Sheffield Managed Risk ETF
The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.
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