RH Tactical Rotation ETF (NYSEARCA:RHRX) Shares Shorted: Short Interest Down 39.9% in October

RH Tactical Rotation ETF (NYSEARCA:RHRX – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,798 shares, a drop of 39.9% from the September 30th total of 6,320 shares. Based on an average daily volume of 4,315 shares, the short-interest ratio is currently 0.9 days. Currently, 0.1% of the shares of the stock are short sold.

RH Tactical Rotation ETF Stock Down 1.0%

RHRX stock opened at $21.59 on Friday. The company has a market cap of $58.51 million, a PE ratio of 22.83 and a beta of 0.92. The business has a 50-day simple moving average of $21.62 and a 200 day simple moving average of $20.83. RH Tactical Rotation ETF has a 52 week low of $17.46 and a 52 week high of $23.45.

Hedge Funds Weigh In On RH Tactical Rotation ETF

Several hedge funds have recently bought and sold shares of RHRX. Partners Wealth Management LLC boosted its position in shares of RH Tactical Rotation ETF by 492.4% during the 3rd quarter. Partners Wealth Management LLC now owns 1,285,309 shares of the company’s stock worth $27,596,000 after acquiring an additional 1,068,344 shares in the last quarter. Integrity Alliance LLC. acquired a new position in RH Tactical Rotation ETF during the third quarter valued at approximately $10,096,000. MGO One Seven LLC acquired a new position in RH Tactical Rotation ETF during the third quarter valued at approximately $1,241,000. Avior Wealth Management LLC acquired a new position in RH Tactical Rotation ETF during the third quarter valued at approximately $685,000. Finally, IFP Advisors Inc bought a new stake in RH Tactical Rotation ETF during the third quarter worth $546,000.

RH Tactical Rotation ETF Company Profile

(Get Free Report)

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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