Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Sees Large Growth in Short Interest

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 534 shares, a growth of 1,235.0% from the July 30th total of 40 shares. Based on an average daily volume of 8,582 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Relative Strength Managed Volatility Strategy ETF Stock Up 0.5%

RSMV traded up $0.14 during trading hours on Tuesday, hitting $29.22. 11,107 shares of the company’s stock were exchanged, compared to its average volume of 10,114. The stock has a market cap of $22.50 million, a price-to-earnings ratio of 24.09 and a beta of 0.72. Relative Strength Managed Volatility Strategy ETF has a 1-year low of $25.55 and a 1-year high of $30.14. The stock’s 50-day moving average is $29.15 and its two-hundred day moving average is $28.25.

Relative Strength Managed Volatility Strategy ETF Company Profile

The Relative Strength Managed Volatility Strategy ETF 1Shs (RSMV) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation by actively managing a narrow portfolio of US growth stocks of any capitalization. The selection process combines top-down macroeconomic and bottom-up analysis. RSMV was launched on Jan 13, 2025 and is issued by Teucrium.