Mkam Etf (NASDAQ:MKAM) Short Interest Update

Mkam Etf (NASDAQ:MKAM) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 7,760 shares, a growth of 980.8% from the December 15th total of 718 shares. Based on an average trading volume of 8,772 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.0% of the company’s shares are sold short. Approximately 2.0% of the company’s shares are sold short. Based on an average trading volume of 8,772 shares, the days-to-cover ratio is presently 0.9 days.

Mkam Etf Price Performance

Mkam Etf stock traded up $0.05 during midday trading on Monday, reaching $31.08. The stock had a trading volume of 2,135 shares, compared to its average volume of 905. Mkam Etf has a twelve month low of $28.35 and a twelve month high of $31.22. The firm has a market cap of $12.12 million, a price-to-earnings ratio of 24.59 and a beta of 0.42. The firm’s fifty day simple moving average is $30.86 and its two-hundred day simple moving average is $30.36.

About Mkam Etf

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.