McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Sees Large Increase in Short Interest

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 101 shares. Based on an average daily volume of 13,400 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

McElhenny Sheffield Managed Risk ETF Trading Up 0.3%

MSMR opened at $35.45 on Friday. The company has a market cap of $151.73 million, a price-to-earnings ratio of 17.88 and a beta of 0.35. The company’s 50 day moving average is $34.59 and its 200 day moving average is $35.24. McElhenny Sheffield Managed Risk ETF has a 12-month low of $33.57 and a 12-month high of $37.67.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in McElhenny Sheffield Managed Risk ETF stock. Compass Financial Management LLC acquired a new stake in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 796 shares of the company’s stock, valued at approximately $28,000.

About McElhenny Sheffield Managed Risk ETF

The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.