Return Stacked Bonds & Managed Futures ETF (BATS:RSBT) Short Interest Down 43.4% in May

Return Stacked Bonds & Managed Futures ETF (BATS:RSBT) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 28,139 shares, a drop of 43.4% from the April 30th total of 49,705 shares. Based on an average daily trading volume, of 60,089 shares, the short-interest ratio is currently 0.5 days. Approximately 0.6% of the company’s shares are sold short.

Return Stacked Bonds & Managed Futures ETF Stock Performance

RSBT traded down $0.09 during trading on Wednesday, reaching $19.74. 7,523 shares of the stock traded hands, compared to its average volume of 52,292. The stock’s 50-day moving average is $19.20 and its 200 day moving average is $18.85. Return Stacked Bonds & Managed Futures ETF has a 12 month low of $15.60 and a 12 month high of $20.67.

Institutional Investors Weigh In On Return Stacked Bonds & Managed Futures ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Worth Asset Management LLC grew its position in shares of Return Stacked Bonds & Managed Futures ETF by 76.3% during the 4th quarter. Worth Asset Management LLC now owns 18,315 shares of the company’s stock worth $328,000 after buying an additional 7,925 shares during the period. Betterment LLC boosted its position in shares of Return Stacked Bonds & Managed Futures ETF by 31.9% during the 2nd quarter. Betterment LLC now owns 22,707 shares of the company’s stock worth $368,000 after purchasing an additional 5,493 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Return Stacked Bonds & Managed Futures ETF by 12.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 309,908 shares of the company’s stock valued at $5,401,000 after buying an additional 35,186 shares during the period.

Return Stacked Bonds & Managed Futures ETF Company Profile

The Return Stacked Bonds & Managed Futures ETF (RSBT) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that holds a bond portfolio while utilizing a managed futures strategy. The fund uses leverage to stack the total return of its bond holdings with the potential returns of the managed futures. RSBT was launched on Feb 7, 2023 and is managed by Return Stacked.