Short Interest in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Declines By 97.1%

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 873 shares, a decrease of 97.1% from the July 30th total of 30,462 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 872 shares, the short-interest ratio is presently 1.0 days.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Up 0.5%

Shares of BATS:ROMO traded up $0.18 during trading on Tuesday, reaching $34.88. 305 shares of the company’s stock traded hands, compared to its average volume of 2,598. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a fifty-two week low of $30.46 and a fifty-two week high of $35.13. The firm has a market cap of $31.39 million, a PE ratio of 19.33 and a beta of 0.59. The company has a 50-day simple moving average of $34.01 and a 200-day simple moving average of $33.30.

Institutional Trading of Strategy Shares Newfound/ReSolve Robust Momentum ETF

A hedge fund recently raised its position in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC grew its holdings in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 450,526 shares of the company’s stock after buying an additional 27,257 shares during the quarter. Strategy Shares Newfound/ReSolve Robust Momentum ETF accounts for 5.4% of WJ Interests LLC’s investment portfolio, making the stock its 10th largest position. WJ Interests LLC owned about 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 as of its most recent SEC filing.

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.