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

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

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Down 0.2%

Shares of BATS:ROMO opened at $34.81 on Thursday. The business’s 50 day moving average is $34.06 and its 200 day moving average is $33.32. The stock has a market cap of $31.33 million, a P/E ratio of 19.33 and a beta of 0.59. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 52-week low of $30.46 and a 52-week high of $35.13.

Hedge Funds Weigh In On Strategy Shares Newfound/ReSolve Robust Momentum ETF

An institutional investor recently raised its stake in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC increased its position in shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 450,526 shares of the company’s stock after buying an additional 27,257 shares during the period. Strategy Shares Newfound/ReSolve Robust Momentum ETF comprises approximately 5.4% of WJ Interests LLC’s holdings, making the stock its 10th largest holding. WJ Interests LLC owned about 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 at the end of the most recent quarter.

About Strategy Shares Newfound/ReSolve Robust Momentum ETF

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.