Mkam Etf (NASDAQ:MKAM) Sees Significant Decline in Short Interest

Mkam Etf (NASDAQ:MKAM) was the target of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 2,521 shares, a decline of 32.9% from the February 12th total of 3,755 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 1,143 shares, the short-interest ratio is presently 2.2 days. Based on an average daily trading volume, of 1,143 shares, the short-interest ratio is presently 2.2 days. Approximately 0.6% of the company’s stock are short sold.

Mkam Etf Price Performance

MKAM traded down $0.01 during trading on Friday, hitting $30.47. The company had a trading volume of 2,082 shares, compared to its average volume of 1,414. Mkam Etf has a 1-year low of $28.35 and a 1-year high of $31.22. The company has a market cap of $11.88 million, a PE ratio of 24.59 and a beta of 0.42. The business has a 50-day moving average of $30.87 and a 200-day moving average of $30.71.

Mkam Etf Company Profile

The MKAM ETF (MKAM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to provide the performance return of US large-cap equities, but with less volatility and downside risk. The actively managed fund utilizes a proprietary multi-factor model to shift the portfolios exposure between equities and fixed income investments. MKAM was launched on Apr 12, 2023 and is managed by MKAM.