Mkam Etf (NASDAQ:MKAM) Short Interest Update
by Tristan Rich · The Markets DailyMkam Etf (NASDAQ:MKAM – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 952 shares, an increase of 181.7% from the May 31st total of 338 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 840 shares, the days-to-cover ratio is presently 1.1 days.
Mkam Etf Stock Performance
Shares of MKAM traded up $0.02 during midday trading on Friday, hitting $31.67. 8 shares of the stock were exchanged, compared to its average volume of 841. Mkam Etf has a 52-week low of $29.22 and a 52-week high of $32.19. The stock has a fifty day simple moving average of $31.65 and a 200 day simple moving average of $31.07. The firm has a market cap of $12.99 million, a P/E ratio of 24.59 and a beta of 0.41.
About Mkam Etf
The MKAM ETF (MKAM) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks to provide the performance return of US large-cap equities, but with less volatility and downside risk. The actively managed fund utilizes a proprietary multi-factor model to shift the portfolios exposure between equities and fixed income investments. MKAM was launched on Apr 12, 2023 and is managed by MKAM.