Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Shares Shorted: Short Interest Up 277.5% in October

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 25,881 shares, an increase of 277.5% from the September 30th total of 6,856 shares. Based on an average daily volume of 27,925 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.7% of the company’s stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Relative Sentiment Tactical Allocation ETF stock. Stillwater Private Wealth LLC purchased a new position in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 71,479 shares of the company’s stock, valued at approximately $2,931,000. Relative Sentiment Tactical Allocation ETF comprises approximately 2.5% of Stillwater Private Wealth LLC’s investment portfolio, making the stock its 13th largest holding. Stillwater Private Wealth LLC owned about 2.63% of Relative Sentiment Tactical Allocation ETF at the end of the most recent reporting period.

Relative Sentiment Tactical Allocation ETF Stock Up 0.2%

NASDAQ MOOD traded up $0.09 during trading hours on Wednesday, reaching $44.82. 21,360 shares of the company were exchanged, compared to its average volume of 24,079. The stock has a market capitalization of $163.14 million, a P/E ratio of 17.72 and a beta of 0.66. Relative Sentiment Tactical Allocation ETF has a 1 year low of $36.01 and a 1 year high of $45.11. The business’s 50 day simple moving average is $44.59 and its 200-day simple moving average is $43.14.

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.