McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Short Interest Up 141.1% in July

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 12,156 shares, an increase of 141.1% from the June 30th total of 5,042 shares. Based on an average daily trading volume, of 12,861 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in McElhenny Sheffield Managed Risk ETF stock. Sankala Group LLC bought a new stake in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,353 shares of the company’s stock, valued at approximately $194,000. Sankala Group LLC owned 0.13% of McElhenny Sheffield Managed Risk ETF at the end of the most recent reporting period.

McElhenny Sheffield Managed Risk ETF Trading Up 0.2%

MSMR opened at $34.57 on Tuesday. McElhenny Sheffield Managed Risk ETF has a 12-month low of $31.33 and a 12-month high of $37.67. The firm has a 50 day moving average of $35.82 and a two-hundred day moving average of $35.54. The firm has a market capitalization of $147.96 million, a PE ratio of 17.88 and a beta of 0.35.

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.