Short Interest in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Grows By 705.3%

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 38,178 shares, an increase of 705.3% from the February 12th total of 4,741 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 97,346 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 97,346 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.6% of the company’s stock are sold short.

Hedge Funds Weigh In On 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 31.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,030,332 shares of the company’s stock after acquiring an additional 247,345 shares during the period. Relative Sentiment Tactical Allocation ETF makes up 2.9% of Ethos Financial Group LLC’s portfolio, making the stock its 3rd biggest position. Ethos Financial Group LLC owned approximately 76.32% of Relative Sentiment Tactical Allocation ETF worth $37,398,000 at the end of the most recent quarter.

Relative Sentiment Tactical Allocation ETF Trading Down 0.7%

NASDAQ MOOD traded down $0.31 on Thursday, hitting $41.96. 13,482 shares of the stock traded hands, compared to its average volume of 38,663. The stock has a 50-day moving average of $41.68 and a 200 day moving average of $38.50. Relative Sentiment Tactical Allocation ETF has a twelve month low of $29.92 and a twelve month high of $44.89. The company has a market capitalization of $98.19 million, a P/E ratio of 17.72 and a beta of 0.70.

Relative Sentiment Tactical Allocation ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, January 2nd. Investors of record on Tuesday, December 30th were given a dividend of $0.1546 per share. The ex-dividend date of this dividend was Tuesday, December 30th.

About Relative Sentiment Tactical Allocation ETF

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.