RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Sees Significant Increase in Short Interest

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totaling 41,472 shares, an increase of 112.2% from the December 15th total of 19,546 shares. Based on an average trading volume of 28,437 shares, the short-interest ratio is presently 1.5 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average trading volume of 28,437 shares, the short-interest ratio is presently 1.5 days.

RH Hedged Multi-Asset Income ETF Stock Performance

AMAX traded up $0.02 on Wednesday, reaching $8.14. The company had a trading volume of 207,567 shares, compared to its average volume of 94,507. RH Hedged Multi-Asset Income ETF has a 52-week low of $7.06 and a 52-week high of $8.43. The company has a market cap of $45.67 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. The business has a 50 day simple moving average of $8.03 and a 200 day simple moving average of $8.06.

RH Hedged Multi-Asset Income ETF Company Profile

The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.