Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Sees Significant Drop in Short Interest

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 50 shares, a decline of 87.0% from the May 14th total of 384 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 19,273 shares, the short-interest ratio is presently 0.0 days.

Relative Strength Managed Volatility Strategy ETF Price Performance

RSMV traded down $0.35 during midday trading on Wednesday, reaching $28.55. 1,779 shares of the company’s stock were exchanged, compared to its average volume of 12,471. The stock has a market capitalization of $30.26 million, a PE ratio of 24.09 and a beta of 0.72. The business’s 50-day moving average price is $28.08 and its 200 day moving average price is $27.63. Relative Strength Managed Volatility Strategy ETF has a 1-year low of $23.95 and a 1-year high of $30.07.

About Relative Strength Managed Volatility Strategy ETF

The Relative Strength Managed Volatility Strategy ETF 1Shs (RSMV) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation by actively managing a narrow portfolio of US growth stocks of any capitalization. The selection process combines top-down macroeconomic and bottom-up analysis. RSMV was launched on Jan 13, 2025 and is issued by Teucrium.