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

Elm Market Navigator ETF (NYSEARCA:ELM) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 80,882 shares, a growth of 73.4% from the May 31st total of 46,634 shares. Based on an average daily volume of 21,567 shares, the short-interest ratio is presently 3.8 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of Elm Market Navigator ETF

A hedge fund recently raised its stake in Elm Market Navigator ETF stock. First National Bank Sioux Falls increased its position in Elm Market Navigator ETF (NYSEARCA:ELM) by 220.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 32,235 shares of the company’s stock after buying an additional 22,160 shares during the quarter. First National Bank Sioux Falls owned about 0.17% of Elm Market Navigator ETF worth $878,000 as of its most recent filing with the Securities and Exchange Commission.

Elm Market Navigator ETF Price Performance

NYSEARCA:ELM opened at $29.17 on Friday. The company has a market cap of $575.52 million, a P/E ratio of 17.56 and a beta of 0.49. Elm Market Navigator ETF has a fifty-two week low of $25.70 and a fifty-two week high of $29.52. The firm’s 50 day moving average is $28.99 and its two-hundred day moving average is $28.24.

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.