Short Interest in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Declines By 83.4%

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 7,848 shares, a drop of 83.4% from the April 15th total of 47,286 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 13,941 shares, the short-interest ratio is presently 0.6 days.

Relative Sentiment Tactical Allocation ETF Trading Down 0.7%

MOOD traded down $0.30 during midday trading on Tuesday, hitting $43.08. 10,426 shares of the company were exchanged, compared to its average volume of 28,915. The company’s 50 day simple moving average is $41.83 and its 200 day simple moving average is $40.20. The firm has a market capitalization of $117.18 million, a price-to-earnings ratio of 17.72 and a beta of 0.66. Relative Sentiment Tactical Allocation ETF has a 1-year low of $31.53 and a 1-year high of $44.89.

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 lifted its position in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 8.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,202,260 shares of the company’s stock after acquiring an additional 97,021 shares during the quarter. Relative Sentiment Tactical Allocation ETF accounts for approximately 3.6% of Ethos Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Ethos Financial Group LLC owned approximately 44.20% of Relative Sentiment Tactical Allocation ETF worth $49,135,000 at the end of the most recent quarter.

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.