Short Interest in Mkam Etf (NASDAQ:MKAM) Grows By 980.8%

Mkam Etf (NASDAQ:MKAM) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 7,760 shares, an increase of 980.8% from the December 15th total of 718 shares. Based on an average daily trading volume, of 8,772 shares, the short-interest ratio is currently 0.9 days. Approximately 2.0% of the shares of the stock are short sold. Approximately 2.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,772 shares, the short-interest ratio is currently 0.9 days.

Mkam Etf Stock Performance

Mkam Etf stock traded down $0.14 during midday trading on Wednesday, reaching $30.87. 201 shares of the stock were exchanged, compared to its average volume of 733. Mkam Etf has a 52 week low of $28.35 and a 52 week high of $31.22. The firm has a market cap of $12.04 million, a PE ratio of 24.59 and a beta of 0.42. The company’s fifty day moving average is $30.86 and its 200-day moving average is $30.37.

About Mkam Etf

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.