Short Interest in RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Decreases By 56.4%
by Scott Moore · The Cerbat GemRH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX – Get Free Report) was the target of a large decline in short interest in December. As of December 15th, there was short interest totaling 19,546 shares, a decline of 56.4% from the November 30th total of 44,790 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 56,855 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 56,855 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the company’s stock are short sold.
RH Hedged Multi-Asset Income ETF Trading Up 0.4%
Shares of RH Hedged Multi-Asset Income ETF stock traded up $0.03 during trading on Friday, hitting $8.10. 2,618 shares of the stock traded hands, compared to its average volume of 22,495. The stock’s fifty day simple moving average is $8.08 and its 200 day simple moving average is $8.04. The firm has a market cap of $35.80 million, a P/E ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a 52-week low of $7.06 and a 52-week high of $8.43.
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.