Mkam Etf (NASDAQ:MKAM) Short Interest Up 661.4% in May

Mkam Etf (NASDAQ:MKAMGet Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 3,822 shares, a growth of 661.4% from the April 30th total of 502 shares. Based on an average daily volume of 630 shares, the days-to-cover ratio is currently 6.1 days. Approximately 0.9% of the company’s stock are sold short.

Mkam Etf Trading Down 0.3%

Shares of MKAM opened at $31.98 on Friday. Mkam Etf has a twelve month low of $28.71 and a twelve month high of $32.12. The firm’s fifty day simple moving average is $31.01 and its 200-day simple moving average is $30.91. The firm has a market capitalization of $13.11 million, a price-to-earnings ratio of 24.59 and a beta of 0.41.

Mkam Etf Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were issued a $0.2283 dividend. The ex-dividend date was Monday, March 30th.

About Mkam Etf

(Get Free Report)

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.

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