Short Interest in Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Drops By 87.0%

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMVGet Free Report) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 50 shares, a decrease of 87.0% from the May 14th total of 384 shares. Based on an average daily trading volume, of 19,273 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Relative Strength Managed Volatility Strategy ETF Stock Up 2.1%

RSMV opened at $29.14 on Friday. The company has a market cap of $30.89 million, a price-to-earnings ratio of 24.09 and a beta of 0.72. Relative Strength Managed Volatility Strategy ETF has a 52-week low of $23.95 and a 52-week high of $30.07. The firm’s fifty day simple moving average is $28.19 and its two-hundred day simple moving average is $27.66.

About Relative Strength Managed Volatility Strategy ETF

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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.

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