McElhenny Sheffield Managed Risk ETF (BATS:MSMR – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 71 shares, a decline of 94.0% from the August 31st total of 1,185 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 16,314 shares, the days-to-cover ratio is currently 0.0 days.
McElhenny Sheffield Managed Risk ETF Stock Up 0.1%
Shares of McElhenny Sheffield Managed Risk ETF stock traded up $0.05 during trading on Thursday, reaching $34.61. The company’s stock had a trading volume of 4,885 shares, compared to its average volume of 14,050. McElhenny Sheffield Managed Risk ETF has a 52-week low of $33.12 and a 52-week high of $37.67. The company has a market cap of $148.13 million, a price-to-earnings ratio of 17.88 and a beta of 0.35. The firm’s 50-day moving average is $34.59 and its two-hundred day moving average is $35.23.
Institutional Trading of McElhenny Sheffield Managed Risk ETF
Several hedge funds have recently added to or reduced their stakes in the business. Compass Financial Management LLC purchased a new stake in McElhenny Sheffield Managed Risk ETF during the second quarter valued at about $28,000. Janney Montgomery Scott LLC increased its holdings in shares of McElhenny Sheffield Managed Risk ETF by 130.7% in the first quarter. Janney Montgomery Scott LLC now owns 18,603 shares of the company’s stock worth $642,000 after buying an additional 10,538 shares during the period. Finally, Sankala Group LLC purchased a new position in shares of McElhenny Sheffield Managed Risk ETF in the fourth quarter worth about $194,000.
McElhenny Sheffield Managed Risk ETF Company Profile
The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.
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