Short Interest in RH Tactical Rotation ETF (NYSEARCA:RHRX) Increases By 113.8%

RH Tactical Rotation ETF (NYSEARCA:RHRX) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 36,205 shares, an increase of 113.8% from the June 15th total of 16,934 shares. Currently, 2.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,248 shares, the short-interest ratio is currently 5.8 days.

Institutional Trading of RH Tactical Rotation ETF

A number of hedge funds and other institutional investors have recently modified their holdings of RHRX. Jane Street Group LLC acquired a new position in RH Tactical Rotation ETF during the 1st quarter worth $149,000. Susquehanna International Group LLP increased its stake in shares of RH Tactical Rotation ETF by 63.9% in the 3rd quarter. Susquehanna International Group LLP now owns 42,884 shares of the company’s stock valued at $782,000 after buying an additional 16,724 shares during the period. LPL Financial LLC raised its position in shares of RH Tactical Rotation ETF by 2.7% during the fourth quarter. LPL Financial LLC now owns 49,998 shares of the company’s stock worth $920,000 after acquiring an additional 1,313 shares during the last quarter. OLD Mission Capital LLC acquired a new position in shares of RH Tactical Rotation ETF during the fourth quarter valued at $305,000. Finally, NewEdge Advisors LLC lifted its stake in shares of RH Tactical Rotation ETF by 77.1% during the fourth quarter. NewEdge Advisors LLC now owns 25,012 shares of the company’s stock valued at $460,000 after acquiring an additional 10,890 shares during the period.

RH Tactical Rotation ETF Trading Down 0.5%

NYSEARCA RHRX traded down $0.11 on Wednesday, hitting $21.66. 670 shares of the company were exchanged, compared to its average volume of 12,025. RH Tactical Rotation ETF has a 1-year low of $16.46 and a 1-year high of $23.45. The firm has a 50 day moving average of $21.82 and a two-hundred day moving average of $20.16. The company has a market cap of $36.61 million, a P/E ratio of 22.83 and a beta of 0.92.

RH Tactical Rotation ETF Company Profile

The RH Tactical Rotation ETF (RHRX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that utilizes sector rotation strategies in its attempt to capitalize on changes in the business cycle. The fund is actively managed. RHRX was launched on Sep 20, 2012 and is managed by Adaptive.