McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Stock Short Interest Climbs 368.3%

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 473 shares, a growth of 368.3% from the October 15th total of 101 shares. Based on an average trading volume of 7,751 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in McElhenny Sheffield Managed Risk ETF stock. Janney Montgomery Scott LLC grew its position in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) by 130.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,603 shares of the company’s stock after purchasing an additional 10,538 shares during the period. Janney Montgomery Scott LLC owned approximately 0.43% of McElhenny Sheffield Managed Risk ETF worth $642,000 at the end of the most recent quarter.

McElhenny Sheffield Managed Risk ETF Trading Down 0.2%

Shares of BATS:MSMR opened at $35.05 on Wednesday. The company has a 50 day moving average of $34.63 and a 200 day moving average of $35.23. The stock has a market cap of $182.26 million, a P/E ratio of 17.88 and a beta of 0.39. McElhenny Sheffield Managed Risk ETF has a 12 month low of $33.57 and a 12 month high of $37.67.

McElhenny Sheffield Managed Risk ETF Company Profile

The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.