RH Tactical Outlook ETF (NYSEARCA:RHTX) Sees Large Increase in Short Interest

RH Tactical Outlook ETF (NYSEARCA:RHTX) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13 shares, an increase of 1,200.0% from the August 15th total of 1 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 53 shares, the days-to-cover ratio is currently 0.2 days.

RH Tactical Outlook ETF Price Performance

Shares of NYSEARCA:RHTX traded down $0.24 on Thursday, reaching $19.93. The company’s stock had a trading volume of 10 shares, compared to its average volume of 578. RH Tactical Outlook ETF has a 52-week low of $17.46 and a 52-week high of $20.60. The stock has a market capitalization of $7.97 million, a P/E ratio of 21.75 and a beta of 0.83. The stock’s 50-day moving average is $20.09 and its two-hundred day moving average is $19.78.

RH Tactical Outlook ETF Company Profile

The RH Tactical Outlook ETF (RHTX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages ETFs and funds that provide exposure to equities and fixed income securities, aiming for total return and downside protection. RHTX was launched on Sep 20, 2012 and is managed by Adaptive.