Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Sees Significant Decrease in Short Interest

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 6,856 shares, a drop of 59.8% from the September 15th total of 17,071 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,228 shares, the short-interest ratio is currently 0.2 days.

Relative Sentiment Tactical Allocation ETF Price Performance

Shares of NASDAQ:MOOD traded down $0.07 during trading on Tuesday, reaching $44.91. The stock had a trading volume of 6,142 shares, compared to its average volume of 24,845. Relative Sentiment Tactical Allocation ETF has a 52 week low of $36.01 and a 52 week high of $45.11. The business’s 50-day moving average price is $44.52 and its 200 day moving average price is $43.52. The stock has a market capitalization of $158.98 million, a PE ratio of 17.72 and a beta of 0.66.

Institutional Investors Weigh In On Relative Sentiment Tactical Allocation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV bought a new position in Relative Sentiment Tactical Allocation ETF in the 1st quarter valued at $632,000. Stillwater Private Wealth LLC acquired a new position in Relative Sentiment Tactical Allocation ETF in the first quarter worth $2,931,000. Finally, Ethos Financial Group LLC grew its holdings in shares of Relative Sentiment Tactical Allocation ETF by 8.8% during the first quarter. Ethos Financial Group LLC now owns 1,202,260 shares of the company’s stock worth $49,135,000 after purchasing an additional 97,021 shares during the last quarter.

Relative Sentiment Tactical Allocation ETF Company Profile

The Relative Sentiment Tactical Allocation ETF (MOOD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that tactically invests in equities, bonds, and gold based on relative sentiment factors. MOOD was launched on May 19, 2022 and is issued by Alpha Architect.