McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Shares Shorted: Short Interest Down 94.0% in September

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 71 shares, a drop of 94.0% from the August 31st total of 1,185 shares. Based on an average daily trading volume, of 16,314 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Trading of McElhenny Sheffield Managed Risk ETF

A number of large investors have recently modified their holdings of the business. Compass Financial Management LLC purchased a new position in shares of McElhenny Sheffield Managed Risk ETF during the second quarter worth about $28,000. Janney Montgomery Scott LLC raised its stake in McElhenny Sheffield Managed Risk ETF by 130.7% in the first quarter. Janney Montgomery Scott LLC now owns 18,603 shares of the company’s stock valued at $642,000 after purchasing an additional 10,538 shares in the last quarter. Finally, Sankala Group LLC purchased a new stake in McElhenny Sheffield Managed Risk ETF in the fourth quarter valued at approximately $194,000.

McElhenny Sheffield Managed Risk ETF Stock Up 0.1%

BATS:MSMR traded up $0.05 during trading hours on Thursday, hitting $34.61. 4,885 shares of the company’s stock traded hands, compared to its average volume of 14,050. McElhenny Sheffield Managed Risk ETF has a 52 week low of $33.12 and a 52 week high of $37.67. The business’s fifty day simple moving average is $34.59 and its two-hundred day simple moving average is $35.23. The firm has a market cap of $148.13 million, a P/E ratio of 17.88 and a beta of 0.35.

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.