Short Interest in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Declines By 83.4%

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 7,848 shares, a drop of 83.4% from the April 15th total of 47,286 shares. Based on an average daily volume of 13,941 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

Relative Sentiment Tactical Allocation ETF Trading Down 0.7%

Shares of MOOD stock traded down $0.30 during trading hours on Tuesday, hitting $43.08. The company’s stock had a trading volume of 10,426 shares, compared to its average volume of 28,915. The stock has a market cap of $117.18 million, a price-to-earnings ratio of 17.72 and a beta of 0.66. Relative Sentiment Tactical Allocation ETF has a twelve month low of $31.53 and a twelve month high of $44.89. The business has a fifty day moving average of $41.83 and a 200-day moving average of $40.20.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC grew its holdings in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 8.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,202,260 shares of the company’s stock after acquiring an additional 97,021 shares during the period. Relative Sentiment Tactical Allocation ETF accounts for approximately 3.6% of Ethos Financial Group LLC’s holdings, making the stock its 2nd largest position. Ethos Financial Group LLC owned about 44.20% of Relative Sentiment Tactical Allocation ETF worth $49,135,000 at the end of the most recent quarter.

Relative Sentiment Tactical Allocation ETF Company Profile

The Relative Sentiment Tactical Allocation ETF (MOOD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that tactically invests in equities, bonds, and gold based on relative sentiment factors. MOOD was launched on May 19, 2022 and is issued by Alpha Architect.