Mkam Etf (NASDAQ:MKAM) Shares Shorted: Short Interest Down 42.7% in October

Mkam Etf (NASDAQ:MKAM) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 442 shares, a decline of 42.7% from the September 30th total of 771 shares. Based on an average daily trading volume, of 226 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.1% of the company’s shares are short sold.

Mkam Etf Stock Down 0.6%

Shares of NASDAQ MKAM traded down $0.20 on Friday, reaching $32.16. 7 shares of the company’s stock traded hands, compared to its average volume of 596. The business’s 50 day simple moving average is $32.33 and its two-hundred day simple moving average is $31.57. Mkam Etf has a 12 month low of $29.78 and a 12 month high of $32.56. The company has a market cap of $13.51 million, a price-to-earnings ratio of 24.59 and a beta of 0.41.

Mkam Etf Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were paid a $0.1471 dividend. This represents a $0.59 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, September 28th. This is a negative change from Mkam Etf’s previous quarterly dividend of $0.1531.

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.