McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Sees Significant Growth in Short Interest

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 473 shares, an increase of 368.3% from the October 15th total of 101 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,751 shares, the short-interest ratio is currently 0.1 days.

McElhenny Sheffield Managed Risk ETF Trading Down 0.7%

BATS:MSMR opened at $34.85 on Friday. The stock has a market capitalization of $181.22 million, a P/E ratio of 17.88 and a beta of 0.39. McElhenny Sheffield Managed Risk ETF has a 1 year low of $33.57 and a 1 year high of $37.67. The firm has a 50 day moving average of $34.66 and a 200-day moving average of $35.22.

Institutional Investors Weigh In On McElhenny Sheffield Managed Risk ETF

A hedge fund recently bought a new position in McElhenny Sheffield Managed Risk ETF stock. Compass Financial Management LLC acquired a new position in McElhenny Sheffield Managed Risk ETF (BATS:MSMR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 796 shares of the company’s stock, valued at approximately $28,000.

About McElhenny Sheffield Managed Risk ETF

The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.