Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Sees Significant Decrease in Short Interest

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 1,900 shares, a decline of 34.5% from the March 15th total of 2,900 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Relative Sentiment Tactical Allocation ETF

An institutional investor recently raised its position in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC raised its stake in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 16.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 387,054 shares of the company’s stock after purchasing an additional 53,951 shares during the quarter. Relative Sentiment Tactical Allocation ETF makes up about 1.5% of Ethos Financial Group LLC’s portfolio, making the stock its 18th biggest holding. Ethos Financial Group LLC owned 60.48% of Relative Sentiment Tactical Allocation ETF worth $11,450,000 as of its most recent filing with the Securities & Exchange Commission.

Relative Sentiment Tactical Allocation ETF Stock Up 0.1 %

MOOD traded up $0.04 during trading hours on Thursday, hitting $30.89. 12,266 shares of the company’s stock were exchanged, compared to its average volume of 6,468. Relative Sentiment Tactical Allocation ETF has a 1-year low of $27.62 and a 1-year high of $31.55. The stock’s 50-day moving average is $30.90 and its two-hundred day moving average is $30.62. The stock has a market cap of $29.04 million, a price-to-earnings ratio of 17.29 and a beta of 0.81.

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.