RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX – Get Free Report) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 21,138 shares, a decline of 77.5% from the April 15th total of 93,820 shares. Based on an average trading volume of 123,120 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are sold short.
RH Hedged Multi-Asset Income ETF Stock Up 0.4%
RH Hedged Multi-Asset Income ETF stock traded up $0.03 during trading on Wednesday, reaching $8.11. The stock had a trading volume of 32,865 shares, compared to its average volume of 60,240. RH Hedged Multi-Asset Income ETF has a 52-week low of $7.55 and a 52-week high of $8.44. The stock has a market cap of $61.15 million, a PE ratio of 26.76 and a beta of 0.47. The business has a 50 day moving average price of $7.91 and a 200 day moving average price of $8.02.
RH Hedged Multi-Asset Income ETF Cuts Dividend
The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a dividend of $0.0816 per share. This represents a c) annualized dividend and a yield of 12.1%. The ex-dividend date was Thursday, February 26th.
Institutional Inflows and Outflows
RH Hedged Multi-Asset Income ETF Company Profile
The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.
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