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

Relative Strength Managed Volatility Strategy ETF (NYSEARCA:RSMV) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 50 shares, a drop of 87.0% from the May 14th total of 384 shares. Based on an average trading volume of 19,273 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Relative Strength Managed Volatility Strategy ETF Price Performance

Shares of RSMV stock traded down $0.35 during mid-day trading on Wednesday, hitting $28.55. The stock had a trading volume of 1,779 shares, compared to its average volume of 12,471. Relative Strength Managed Volatility Strategy ETF has a fifty-two week low of $23.95 and a fifty-two week high of $30.07. The firm has a market cap of $30.26 million, a PE ratio of 24.09 and a beta of 0.72. The company’s 50-day simple moving average is $28.08 and its 200-day simple moving average is $27.63.

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.