Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Short Interest Up 198.6% in May

by · The Cerbat Gem

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 23,431 shares, an increase of 198.6% from the April 30th total of 7,848 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily volume of 14,793 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Relative Sentiment Tactical Allocation ETF stock. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 15,410 shares of the company’s stock, valued at approximately $632,000. Nations Financial Group Inc. IA ADV owned 0.58% of Relative Sentiment Tactical Allocation ETF as of its most recent filing with the Securities & Exchange Commission.

Relative Sentiment Tactical Allocation ETF Stock Up 0.0%

NASDAQ MOOD traded up $0.02 during trading on Friday, reaching $43.99. 27,406 shares of the stock traded hands, compared to its average volume of 26,931. The firm has a market cap of $119.65 million, a price-to-earnings ratio of 17.72 and a beta of 0.66. The stock’s 50-day moving average price is $42.16 and its 200 day moving average price is $40.81. Relative Sentiment Tactical Allocation ETF has a fifty-two week low of $31.94 and a fifty-two week high of $44.89.

Relative Sentiment Tactical Allocation ETF Company Profile

(Get Free Report)

The Relative Sentiment Tactical Allocation ETF (MOOD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that tactically invests in equities, bonds, and gold based on relative sentiment factors. MOOD was launched on May 19, 2022 and is issued by Alpha Architect.

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