Return Stacked U.S. Stocks & Managed Futures ETF (BATS:RSST) Sees Large Drop in Short Interest

Return Stacked U.S. Stocks & Managed Futures ETF (BATS:RSST) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 78,245 shares, a decrease of 50.0% from the June 15th total of 156,431 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average trading volume of 109,005 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Return Stacked U.S. Stocks & Managed Futures ETF

Institutional investors have recently made changes to their positions in the business. WJ Interests LLC lifted its stake in shares of Return Stacked U.S. Stocks & Managed Futures ETF by 10.8% in the 1st quarter. WJ Interests LLC now owns 218,544 shares of the company’s stock worth $6,180,000 after purchasing an additional 21,296 shares during the period. Integrated Wealth Concepts LLC grew its position in Return Stacked U.S. Stocks & Managed Futures ETF by 4.5% during the third quarter. Integrated Wealth Concepts LLC now owns 224,030 shares of the company’s stock valued at $5,928,000 after buying an additional 9,651 shares during the period. Worth Asset Management LLC grew its position in Return Stacked U.S. Stocks & Managed Futures ETF by 12.4% during the second quarter. Worth Asset Management LLC now owns 31,207 shares of the company’s stock valued at $1,020,000 after buying an additional 3,449 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in Return Stacked U.S. Stocks & Managed Futures ETF during the first quarter valued at approximately $76,000.

Return Stacked U.S. Stocks & Managed Futures ETF Stock Performance

RSST stock opened at $32.95 on Friday. The company has a market cap of $342.02 million, a price-to-earnings ratio of 21.57 and a beta of 1.33. The business’s 50-day moving average is $33.02 and its two-hundred day moving average is $30.98. Return Stacked U.S. Stocks & Managed Futures ETF has a fifty-two week low of $22.31 and a fifty-two week high of $34.79.

Return Stacked U.S. Stocks & Managed Futures ETF Company Profile

The Return Stacked U.S. Stocks & Managed Futures ETF (RSST) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that uses leverage to stack total returns from two strategies. The fund manages a portfolio of large-cap U.S RSST was launched on Sep 6, 2023 and is issued by Return Stacked.