Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Short Interest Update

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,669 shares, an increase of 423.2% from the April 30th total of 319 shares. Based on an average daily volume of 964 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.2% of the shares of the stock are sold short.

Hedge Funds Weigh In On Strategy Shares Newfound/ReSolve Robust Momentum ETF

A hedge fund recently raised its stake in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC lifted its stake in shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 450,526 shares of the company’s stock after purchasing an additional 27,257 shares during the period. Strategy Shares Newfound/ReSolve Robust Momentum ETF makes up about 5.4% of WJ Interests LLC’s holdings, making the stock its 10th biggest position. WJ Interests LLC owned 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 as of its most recent SEC filing.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Performance

Shares of ROMO stock opened at $33.74 on Thursday. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 1 year low of $30.46 and a 1 year high of $34.79. The stock has a market cap of $30.37 million, a PE ratio of 19.33 and a beta of 0.59. The business’s fifty day moving average is $32.54 and its 200-day moving average is $33.10.

About Strategy Shares Newfound/ReSolve Robust Momentum ETF

The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.