RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX – Get Free Report) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 28,518 shares, a decrease of 61.4% from the May 14th total of 73,939 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 78,304 shares, the short-interest ratio is presently 0.4 days.
Hedge Funds Weigh In On RH Hedged Multi-Asset Income ETF
An institutional investor recently bought a new position in RH Hedged Multi-Asset Income ETF stock. Janney Montgomery Scott LLC purchased a new position in shares of RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $198,000. Janney Montgomery Scott LLC owned about 0.42% of RH Hedged Multi-Asset Income ETF as of its most recent filing with the Securities & Exchange Commission.
RH Hedged Multi-Asset Income ETF Stock Up 0.1%
Shares of NYSEARCA:AMAX traded up $0.01 on Friday, reaching $7.69. 39,822 shares of the company’s stock were exchanged, compared to its average volume of 59,670. The firm has a market capitalization of $57.98 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a fifty-two week low of $7.55 and a fifty-two week high of $8.44. The business’s 50-day moving average is $7.90 and its two-hundred day moving average is $7.98.
RH Hedged Multi-Asset Income ETF Company Profile
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.
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