Short Interest in Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Declines By 86.1%

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 74 shares, a drop of 86.1% from the August 15th total of 534 shares. Based on an average trading volume of 5,241 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Relative Strength Managed Volatility Strategy ETF Price Performance

NYSEARCA:RSMV opened at $28.56 on Friday. The stock has a market cap of $21.99 million, a PE ratio of 24.09 and a beta of 0.72. Relative Strength Managed Volatility Strategy ETF has a fifty-two week low of $25.92 and a fifty-two week high of $30.14. The stock’s 50-day moving average is $28.92 and its two-hundred day moving average is $28.37.

Relative Strength Managed Volatility Strategy ETF Company Profile

The Relative Strength Managed Volatility Strategy ETF 1Shs (RSMV) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation by actively managing a narrow portfolio of US growth stocks of any capitalization. The selection process combines top-down macroeconomic and bottom-up analysis. RSMV was launched on Jan 13, 2025 and is issued by Teucrium.