Short Interest in Return Stacked Bonds & Managed Futures ETF (BATS:RSBT) Drops By 64.9%

Return Stacked Bonds & Managed Futures ETF (BATS:RSBT) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 53,225 shares, a decrease of 64.9% from the August 15th total of 151,517 shares. Based on an average daily trading volume, of 38,980 shares, the short-interest ratio is currently 1.4 days. Approximately 1.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Return Stacked Bonds & Managed Futures ETF

A number of hedge funds have recently modified their holdings of the business. Betterment LLC grew its position in shares of Return Stacked Bonds & Managed Futures ETF by 31.9% in the 2nd quarter. Betterment LLC now owns 22,707 shares of the company’s stock valued at $368,000 after purchasing an additional 5,493 shares during the period. Worth Asset Management LLC lifted its stake in Return Stacked Bonds & Managed Futures ETF by 23.5% in the first quarter. Worth Asset Management LLC now owns 22,613 shares of the company’s stock valued at $426,000 after buying an additional 4,298 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in Return Stacked Bonds & Managed Futures ETF by 12.8% in the third quarter. Integrated Wealth Concepts LLC now owns 309,908 shares of the company’s stock valued at $5,401,000 after buying an additional 35,186 shares in the last quarter.

Return Stacked Bonds & Managed Futures ETF Stock Performance

RSBT stock opened at $19.37 on Monday. The business’s 50-day moving average price is $19.01 and its two-hundred day moving average price is $19.12. Return Stacked Bonds & Managed Futures ETF has a 1-year low of $16.85 and a 1-year high of $20.67.

Return Stacked Bonds & Managed Futures ETF Company Profile

The Return Stacked Bonds & Managed Futures ETF (RSBT) is an exchange-traded fund that mostly invests in global macro alternatives. The fund is an actively managed fund that holds a bond portfolio while utilizing a managed futures strategy. The fund uses leverage to stack the total return of its bond holdings with the potential returns of the managed futures. RSBT was launched on Feb 7, 2023 and is managed by Return Stacked.