Short Interest in Mkam Etf (NASDAQ:MKAM) Grows By 181.7%

Mkam Etf (NASDAQ:MKAM) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 952 shares, an increase of 181.7% from the May 31st total of 338 shares. Based on an average trading volume of 840 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.2% of the company’s shares are sold short.

Mkam Etf Stock Performance

Mkam Etf stock traded down $0.00 during mid-day trading on Tuesday, hitting $31.70. The company’s stock had a trading volume of 43 shares, compared to its average volume of 835. The company has a 50 day moving average of $31.67 and a 200-day moving average of $31.07. Mkam Etf has a one year low of $29.30 and a one year high of $32.19. The stock has a market cap of $13.00 million, a PE ratio of 24.59 and a beta of 0.41.

Mkam Etf Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.1531 per share. The ex-dividend date of this dividend is Monday, June 29th.

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.