Short Interest in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Drops By 30.4%

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 5,500 shares, a drop of 30.4% from the February 13th total of 7,900 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Trading of Relative Sentiment Tactical Allocation ETF

An institutional investor recently raised its position in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC increased its position in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 16.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 387,054 shares of the company’s stock after buying an additional 53,951 shares during the quarter. Relative Sentiment Tactical Allocation ETF accounts for 1.5% of Ethos Financial Group LLC’s portfolio, making the stock its 18th largest position. Ethos Financial Group LLC owned about 60.48% of Relative Sentiment Tactical Allocation ETF worth $11,450,000 at the end of the most recent quarter.

Relative Sentiment Tactical Allocation ETF Trading Up 0.9 %

Shares of MOOD traded up $0.27 during trading hours on Monday, reaching $31.27. 1,490 shares of the company’s stock traded hands, compared to its average volume of 2,068. The stock has a market cap of $20.01 million, a PE ratio of 17.08 and a beta of 0.81. The firm’s 50 day simple moving average is $30.64 and its 200-day simple moving average is $30.48. Relative Sentiment Tactical Allocation ETF has a 12 month low of $27.62 and a 12 month high of $31.36.

Relative Sentiment Tactical Allocation ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a dividend of $0.3939 per share. The ex-dividend date of this dividend was Monday, December 30th.

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.