Mkam Etf (NASDAQ:MKAM) Short Interest Down 32.9% in February

Mkam Etf (NASDAQ:MKAM) saw a large drop in short interest during the month of February. As of February 27th, there was short interest totaling 2,521 shares, a drop of 32.9% from the February 12th total of 3,755 shares. Based on an average daily volume of 1,143 shares, the short-interest ratio is presently 2.2 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 1,143 shares, the short-interest ratio is presently 2.2 days.

Mkam Etf Price Performance

Shares of NASDAQ MKAM traded down $0.06 during trading on Friday, reaching $30.42. 2,083 shares of the stock traded hands, compared to its average volume of 1,414. The company has a 50-day moving average of $30.86 and a 200-day moving average of $30.72. Mkam Etf has a 52-week low of $28.35 and a 52-week high of $31.22. The stock has a market capitalization of $11.86 million, a P/E ratio of 24.59 and a beta of 0.42.

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.