Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Stock Short Interest Falls 60.3%

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 759 shares, a decline of 60.3% from the September 30th total of 1,911 shares. Based on an average daily volume of 2,461 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Stock Down 1.6%

Shares of Strategy Shares Newfound/ReSolve Robust Momentum ETF stock opened at $33.45 on Friday. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 52 week low of $30.46 and a 52 week high of $35.13. The stock’s 50-day simple moving average is $34.37 and its 200-day simple moving average is $33.51. The company has a market capitalization of $30.11 million, a price-to-earnings ratio of 19.33 and a beta of 0.59.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile

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.