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

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) was the recipient of a large increase in short interest in the month of 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 shares of the stock are short sold. Based on an average daily trading volume, of 7,751 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in McElhenny Sheffield Managed Risk ETF stock. Compass Financial Management LLC bought a new position in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 796 shares of the company’s stock, valued at approximately $28,000.

McElhenny Sheffield Managed Risk ETF Trading Up 0.1%

MSMR stock opened at $35.08 on Thursday. The firm’s 50-day moving average is $34.65 and its two-hundred day moving average is $35.23. The company has a market capitalization of $182.42 million, a price-to-earnings ratio of 17.88 and a beta of 0.39. McElhenny Sheffield Managed Risk ETF has a 52 week low of $33.57 and a 52 week high of $37.67.

McElhenny Sheffield Managed Risk ETF Company Profile

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.