McElhenny Sheffield Managed Risk ETF (BATS:MSMR) Sees Significant Growth in Short Interest

McElhenny Sheffield Managed Risk ETF (BATS:MSMR) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 101 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 13,400 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On McElhenny Sheffield Managed Risk ETF

An institutional investor recently bought a new stake in McElhenny Sheffield Managed Risk ETF stock. Compass Financial Management LLC purchased a new stake in shares of McElhenny Sheffield Managed Risk ETF (BATS:MSMR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 796 shares of the company’s stock, valued at approximately $28,000.

McElhenny Sheffield Managed Risk ETF Stock Performance

Shares of BATS MSMR opened at $35.45 on Monday. The company has a market cap of $151.73 million, a price-to-earnings ratio of 17.88 and a beta of 0.35. McElhenny Sheffield Managed Risk ETF has a 12-month low of $33.57 and a 12-month high of $37.67. The stock’s 50 day simple moving average is $34.59 and its 200 day simple moving average is $35.24.

McElhenny Sheffield Managed Risk ETF Company Profile

The McElhenny Sheffield Managed Risk ETF (MSMR) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund uses a combination of trend-based and sector rotation strategies that enable the fund to toggle exposure between equity and defensive ETFs based on various market indicators. The fund is actively managed. MSMR was launched on Nov 16, 2021 and is managed by McElhenny Sheffield.