RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Short Interest Up 112.2% in December

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 41,472 shares, a growth of 112.2% from the December 15th total of 19,546 shares. Based on an average daily trading volume, of 28,437 shares, the short-interest ratio is presently 1.5 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 28,437 shares, the short-interest ratio is presently 1.5 days.

RH Hedged Multi-Asset Income ETF Price Performance

Shares of RH Hedged Multi-Asset Income ETF stock traded up $0.02 during trading hours on Wednesday, hitting $8.14. 207,567 shares of the company’s stock traded hands, compared to its average volume of 94,507. The stock has a market capitalization of $45.67 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a 12-month low of $7.06 and a 12-month high of $8.43. The company has a fifty day simple moving average of $8.03 and a 200-day simple moving average of $8.06.

About RH Hedged Multi-Asset Income ETF

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.