RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Shares Shorted: Short Interest Down 93.8% in October

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) was the recipient of a significant decline in short interest in October. As of October 30th, there was short interest totaling 1,554 shares, a decline of 93.8% from the October 15th total of 25,163 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 94,138 shares, the short-interest ratio is presently 0.0 days.

RH Hedged Multi-Asset Income ETF Trading Up 0.7%

AMAX traded up $0.05 during trading on Wednesday, hitting $7.16. 73,963 shares of the company’s stock were exchanged, compared to its average volume of 60,435. RH Hedged Multi-Asset Income ETF has a 1 year low of $7.10 and a 1 year high of $8.50. The stock has a 50 day moving average price of $7.44 and a 200 day moving average price of $7.72. The firm has a market cap of $72.39 million, a P/E ratio of 26.76 and a beta of 0.48.

Institutional Trading of RH Hedged Multi-Asset Income ETF

An institutional investor recently raised its position in RH Hedged Multi-Asset Income ETF stock. Janney Montgomery Scott LLC boosted its position in RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) by 125.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,466 shares of the company’s stock after buying an additional 31,466 shares during the quarter. Janney Montgomery Scott LLC owned 0.85% of RH Hedged Multi-Asset Income ETF worth $434,000 at the end of the most recent quarter.

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.