Short Interest in Mkam Etf (NASDAQ:MKAM) Decreases By 19.1%

Mkam Etf (NASDAQ:MKAM) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 6,253 shares, a drop of 19.1% from the January 15th total of 7,725 shares. Based on an average daily volume of 1,051 shares, the short-interest ratio is presently 5.9 days. Currently, 1.6% of the company’s shares are sold short. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 1,051 shares, the short-interest ratio is presently 5.9 days.

Mkam Etf Stock Performance

MKAM stock opened at $30.76 on Friday. The company has a 50 day moving average price of $30.95 and a two-hundred day moving average price of $30.59. The stock has a market capitalization of $12.00 million, a P/E ratio of 24.59 and a beta of 0.42. Mkam Etf has a one year low of $28.35 and a one year high of $31.22.

Mkam Etf Company Profile

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.