Elm Market Navigator ETF (NYSEARCA:ELM) Short Interest Update

Elm Market Navigator ETF (NYSEARCA:ELM) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 26,447 shares, a drop of 41.3% from the August 31st total of 45,048 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 23,995 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On Elm Market Navigator ETF

An institutional investor recently raised its stake in Elm Market Navigator ETF stock. First National Bank Sioux Falls grew its holdings in Elm Market Navigator ETF (NYSEARCA:ELM) by 101.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,797 shares of the company’s stock after buying an additional 32,562 shares during the quarter. First National Bank Sioux Falls owned 0.34% of Elm Market Navigator ETF worth $1,837,000 as of its most recent SEC filing.

Elm Market Navigator ETF Trading Down 0.1%

ELM traded down $0.02 on Thursday, reaching $29.18. The stock had a trading volume of 24,357 shares, compared to its average volume of 27,871. The business’s 50-day moving average price is $29.51 and its two-hundred day moving average price is $28.90. The company has a market cap of $590.81 million, a P/E ratio of 17.56 and a beta of 0.49. Elm Market Navigator ETF has a 12-month low of $26.58 and a 12-month high of $29.90.

Elm Market Navigator ETF Company Profile

The Elm Market Navigator ETF (ELM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds with broad exposure to the global equity and fixed income markets. It combines the elements of passive and active investing in one basket. ELM was launched on Dec 31, 2011 and is issued by Elm.