Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Shares Down 1.3% – What’s Next?

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) shares were down 1.3% on Wednesday . The stock traded as low as $31.54 and last traded at $31.54. Approximately 2,774 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 4,271 shares. The stock had previously closed at $31.95.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Trading Down 1.3%

The stock has a market capitalization of $28.39 million, a P/E ratio of 19.33 and a beta of 0.59. The firm’s fifty day moving average is $32.99 and its 200-day moving average is $33.47.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 29th were paid a $2.8176 dividend. The ex-dividend date was Monday, December 29th. This represents a dividend yield of 884.0%.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Company Profile

The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.