RH Tactical Rotation ETF (NYSEARCA:RHRX – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 6,320 shares, a drop of 63.7% from the September 15th total of 17,432 shares. Based on an average trading volume of 16,251 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.
Institutional Trading of RH Tactical Rotation ETF
Institutional investors have recently bought and sold shares of the business. Partners Wealth Management LLC raised its stake in shares of RH Tactical Rotation ETF by 40.3% during the 1st quarter. Partners Wealth Management LLC now owns 194,936 shares of the company’s stock worth $3,703,000 after buying an additional 56,041 shares during the period. Avior Wealth Management LLC purchased a new position in shares of RH Tactical Rotation ETF during the 3rd quarter valued at approximately $685,000. Finally, NewEdge Advisors LLC grew its stake in RH Tactical Rotation ETF by 2.6% in the 1st quarter. NewEdge Advisors LLC now owns 25,658 shares of the company’s stock valued at $487,000 after acquiring an additional 646 shares during the period.
RH Tactical Rotation ETF Stock Performance
Shares of RH Tactical Rotation ETF stock traded up $0.01 on Tuesday, hitting $21.80. The company’s stock had a trading volume of 1,321 shares, compared to its average volume of 15,272. RH Tactical Rotation ETF has a 1 year low of $17.46 and a 1 year high of $23.45. The firm has a fifty day moving average price of $21.71 and a 200-day moving average price of $21.40. The company has a market capitalization of $58.21 million, a price-to-earnings ratio of 22.83 and a beta of 0.92.
About RH Tactical Rotation ETF
The RH Tactical Rotation ETF (RHRX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that utilizes sector rotation strategies in its attempt to capitalize on changes in the business cycle. The fund is actively managed. RHRX was launched on Sep 20, 2012 and is managed by Adaptive.
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