Short Interest in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Declines By 97.1%

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMOGet Free Report) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 873 shares, a drop of 97.1% from the July 30th total of 30,462 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 872 shares, the short-interest ratio is currently 1.0 days.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Up 0.5%

Shares of ROMO traded up $0.18 during mid-day trading on Tuesday, reaching $34.88. The company had a trading volume of 305 shares, compared to its average volume of 2,598. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 52-week low of $30.46 and a 52-week high of $35.13. The stock has a market capitalization of $31.39 million, a P/E ratio of 19.33 and a beta of 0.59. The stock has a 50 day moving average of $34.01 and a two-hundred day moving average of $33.30.

Institutional Investors Weigh In On Strategy Shares Newfound/ReSolve Robust Momentum ETF

A hedge fund recently raised its position in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC grew its position in shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMOFree Report) by 6.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 450,526 shares of the company’s stock after purchasing an additional 27,257 shares during the quarter. Strategy Shares Newfound/ReSolve Robust Momentum ETF makes up about 5.4% of WJ Interests LLC’s portfolio, making the stock its 10th biggest holding. WJ Interests LLC owned 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 at the end of the most recent reporting period.

About Strategy Shares Newfound/ReSolve Robust Momentum ETF

(Get Free Report)

The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.

See Also

Receive News & Ratings for Strategy Shares Newfound/ReSolve Robust Momentum ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strategy Shares Newfound/ReSolve Robust Momentum ETF and related companies with MarketBeat.com's FREE daily email newsletter.