RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) Short Interest Update

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 41,472 shares, a growth of 112.2% from the December 15th total of 19,546 shares. Based on an average daily trading volume, of 28,437 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.7% of the company’s stock are short sold. Approximately 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 28,437 shares, the days-to-cover ratio is currently 1.5 days.

RH Hedged Multi-Asset Income ETF Stock Performance

Shares of AMAX opened at $8.14 on Friday. The company has a market cap of $45.67 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. The company’s fifty day simple moving average is $8.03 and its 200 day simple moving average is $8.06. RH Hedged Multi-Asset Income ETF has a 1-year low of $7.06 and a 1-year high of $8.43.

RH Hedged Multi-Asset Income ETF Company Profile

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.