Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO – Get Free Report) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,543 shares, an increase of 235.0% from the October 15th total of 759 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 862 shares, the days-to-cover ratio is presently 3.0 days.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Down 0.3%
BATS ROMO opened at $33.37 on Friday. The company has a 50-day simple moving average of $34.07 and a two-hundred day simple moving average of $33.54. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 12-month low of $30.46 and a 12-month high of $35.13. The firm has a market cap of $25.03 million, a price-to-earnings ratio of 21.15 and a beta of 0.54.
Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile
The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.
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