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

RH Hedged Multi-Asset Income ETF (NYSEARCA:AMAX) saw a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 25,016 shares, a decrease of 39.7% from the December 31st total of 41,472 shares. Based on an average trading volume of 89,609 shares, the short-interest ratio is presently 0.3 days. Currently, 0.4% of the shares of the stock are short sold. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 89,609 shares, the short-interest ratio is presently 0.3 days.

RH Hedged Multi-Asset Income ETF Price Performance

AMAX opened at $8.15 on Friday. The firm has a market capitalization of $48.54 million, a price-to-earnings ratio of 26.76 and a beta of 0.47. RH Hedged Multi-Asset Income ETF has a fifty-two week low of $7.06 and a fifty-two week high of $8.44. The company’s 50 day moving average price is $8.07 and its two-hundred day moving average price is $8.08.

RH Hedged Multi-Asset Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 29th will be issued a $0.0839 dividend. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date of this dividend is Thursday, January 29th. This is a positive change from RH Hedged Multi-Asset Income ETF’s previous monthly dividend of $0.07.

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.