Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) Sees Significant Decrease in Short Interest

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 384 shares, a drop of 87.7% from the April 30th total of 3,124 shares. Based on an average trading volume of 8,369 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Relative Strength Managed Volatility Strategy ETF Trading Up 0.1%

Shares of RSMV traded up $0.02 during trading hours on Friday, reaching $29.54. 17,936 shares of the company’s stock traded hands, compared to its average volume of 12,092. Relative Strength Managed Volatility Strategy ETF has a 12 month low of $23.73 and a 12 month high of $29.58. The stock has a market cap of $31.31 million, a PE ratio of 24.09 and a beta of 0.67. The firm’s 50 day simple moving average is $27.66 and its 200-day simple moving average is $27.50.

About Relative Strength Managed Volatility Strategy ETF

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.