Short Interest in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Expands By 1,481.3%

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 24,510 shares, a growth of 1,481.3% from the June 15th total of 1,550 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average trading volume of 8,488 shares, the days-to-cover ratio is currently 2.9 days.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Trading Up 0.5%

Shares of ROMO traded up $0.16 during trading hours on Friday, hitting $34.00. The company had a trading volume of 694 shares, compared to its average volume of 3,083. The company has a market capitalization of $30.60 million, a PE ratio of 19.33 and a beta of 0.59. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a one year low of $30.46 and a one year high of $34.79. The company’s fifty day moving average price is $33.51 and its two-hundred day moving average price is $32.99.

Institutional Trading of Strategy Shares Newfound/ReSolve Robust Momentum ETF

A hedge fund 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% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 450,526 shares of the company’s stock after acquiring an additional 27,257 shares during the quarter. Strategy Shares Newfound/ReSolve Robust Momentum ETF comprises 5.4% of WJ Interests LLC’s holdings, making the stock its 10th biggest position. WJ Interests LLC owned 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 at the end of the most recent reporting period.

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.