Return Stacked Global Stocks & Bonds ETF (BATS:RSSB) Sees Significant Drop in Short Interest

Return Stacked Global Stocks & Bonds ETF (BATS:RSSB) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 89,431 shares, a drop of 54.5% from the July 15th total of 196,665 shares. Based on an average trading volume of 69,847 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Investors Weigh In On Return Stacked Global Stocks & Bonds ETF

Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. bought a new stake in Return Stacked Global Stocks & Bonds ETF in the third quarter valued at about $98,000. Worth Asset Management LLC boosted its holdings in Return Stacked Global Stocks & Bonds ETF by 2.0% during the second quarter. Worth Asset Management LLC now owns 24,930 shares of the company’s stock worth $767,000 after buying an additional 484 shares during the last quarter. Nicholas Hoffman & Company LLC. bought a new position in Return Stacked Global Stocks & Bonds ETF during the first quarter worth about $1,810,000. Finally, WJ Interests LLC grew its position in shares of Return Stacked Global Stocks & Bonds ETF by 7.0% during the 1st quarter. WJ Interests LLC now owns 1,631,621 shares of the company’s stock worth $44,396,000 after buying an additional 107,386 shares during the period.

Return Stacked Global Stocks & Bonds ETF Stock Performance

RSSB opened at $31.43 on Monday. The company has a fifty day moving average price of $30.59 and a two-hundred day moving average price of $29.65. The firm has a market capitalization of $352.02 million, a PE ratio of 19.25 and a beta of 1.03. Return Stacked Global Stocks & Bonds ETF has a 52 week low of $26.30 and a 52 week high of $32.29.

Return Stacked Global Stocks & Bonds ETF Company Profile

The Return Stacked Global Stocks & Bonds ETF (RSSB) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital appreciation by holding global equities and US Treasury futures. The fund uses leverage to stack the total return of its equity holdings with the potential returns of the futures contracts RSSB was launched on Dec 4, 2023 and is issued by Return Stacked.