RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Stock Short Interest Declines 93.8%

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) saw a significant decline in short interest in October. As of October 30th, there was short interest totaling 1,554 shares, a decline of 93.8% from the October 15th total of 25,163 shares. Based on an average daily trading volume, of 94,138 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

RH Hedged Multi-Asset Income ETF Trading Down 1.0%

Shares of RH Hedged Multi-Asset Income ETF stock traded down $0.07 during trading hours on Thursday, reaching $7.04. The stock had a trading volume of 47,240 shares, compared to its average volume of 60,857. The stock’s 50 day moving average is $7.43 and its 200 day moving average is $7.71. RH Hedged Multi-Asset Income ETF has a twelve month low of $7.03 and a twelve month high of $8.50. The firm has a market capitalization of $71.17 million, a PE ratio of 26.76 and a beta of 0.48.

Hedge Funds Weigh In On RH Hedged Multi-Asset Income ETF

A hedge fund recently raised its stake in RH Hedged Multi-Asset Income ETF stock. Janney Montgomery Scott LLC boosted its holdings in shares of RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) by 125.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,466 shares of the company’s stock after purchasing an additional 31,466 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.85% of RH Hedged Multi-Asset Income ETF worth $434,000 at the end of the most recent reporting period.

RH Hedged Multi-Asset Income ETF Company Profile

The RH Hedged Multi-Asset Income ETF (AMAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund actively manages a global portfolio of equities and fixed income securities aiming for total return. The fund uses a market trend model to initiate periods of hedging. AMAX was launched on Oct 2, 2009 and is managed by Adaptive.