Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Shares Shorted: Short Interest Up 277.5% in October

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the target of a large increase in short interest in October. As of October 15th, there was short interest totaling 25,881 shares, an increase of 277.5% from the September 30th total of 6,856 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 27,925 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Relative Sentiment Tactical Allocation ETF

An institutional investor recently raised its position in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC increased its stake in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 8.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,202,260 shares of the company’s stock after buying an additional 97,021 shares during the quarter. Relative Sentiment Tactical Allocation ETF comprises approximately 3.6% of Ethos Financial Group LLC’s holdings, making the stock its 2nd largest position. Ethos Financial Group LLC owned 44.20% of Relative Sentiment Tactical Allocation ETF worth $49,135,000 at the end of the most recent reporting period.

Relative Sentiment Tactical Allocation ETF Trading Down 0.9%

MOOD stock traded down $0.42 during trading on Friday, reaching $44.33. The stock had a trading volume of 1,303 shares, compared to its average volume of 23,912. Relative Sentiment Tactical Allocation ETF has a 1-year low of $36.01 and a 1-year high of $45.11. The firm has a fifty day moving average price of $44.61 and a 200 day moving average price of $43.19. The company has a market capitalization of $161.35 million, a P/E ratio of 17.72 and a beta of 0.66.

About Relative Sentiment Tactical Allocation ETF

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.