McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Stock Short Interest Climbs 368.3%

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 473 shares, an increase of 368.3% from the October 15th total of 101 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 7,751 shares, the short-interest ratio is currently 0.1 days.

McElhenny Sheffield Managed Risk ETF Price Performance

MSMR opened at $35.05 on Wednesday. McElhenny Sheffield Managed Risk ETF has a fifty-two week low of $33.57 and a fifty-two week high of $37.67. The firm has a market capitalization of $182.26 million, a PE ratio of 17.88 and a beta of 0.39. The company’s 50-day moving average is $34.63 and its 200 day moving average is $35.23.

Institutional Trading of McElhenny Sheffield Managed Risk ETF

An institutional investor recently raised its position in McElhenny Sheffield Managed Risk ETF stock. Janney Montgomery Scott LLC raised its stake in McElhenny Sheffield Managed Risk ETF (BATS:MSMR) by 130.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,603 shares of the company’s stock after purchasing an additional 10,538 shares during the quarter. Janney Montgomery Scott LLC owned 0.43% of McElhenny Sheffield Managed Risk ETF worth $642,000 as of its most recent filing with the Securities & Exchange Commission.

About McElhenny Sheffield Managed Risk ETF

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.