Short Interest in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Declines By 47.3%

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,900 shares, a decline of 47.3% from the February 28th total of 5,500 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Investors 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 holdings in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 16.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 387,054 shares of the company’s stock after purchasing an additional 53,951 shares during the period. Relative Sentiment Tactical Allocation ETF comprises about 1.5% of Ethos Financial Group LLC’s portfolio, making the stock its 18th largest holding. Ethos Financial Group LLC owned approximately 60.48% of Relative Sentiment Tactical Allocation ETF worth $11,450,000 as of its most recent SEC filing.

Relative Sentiment Tactical Allocation ETF Trading Down 0.4 %

NASDAQ MOOD traded down $0.12 on Friday, hitting $31.13. 31,182 shares of the stock traded hands, compared to its average volume of 3,979. The company has a market capitalization of $19.92 million, a P/E ratio of 17.44 and a beta of 0.81. The stock has a 50-day moving average of $30.88 and a 200 day moving average of $30.57. Relative Sentiment Tactical Allocation ETF has a twelve month low of $27.62 and a twelve month high of $31.55.

Relative Sentiment Tactical Allocation ETF Company Profile

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.