RH Tactical Rotation ETF (NYSEARCA:RHRX – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 6,320 shares, a drop of 63.7% from the September 15th total of 17,432 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 16,251 shares, the short-interest ratio is currently 0.4 days.
RH Tactical Rotation ETF Stock Down 0.2%
Shares of RH Tactical Rotation ETF stock traded down $0.05 during trading hours on Monday, reaching $21.79. 8,012 shares of the company’s stock were exchanged, compared to its average volume of 15,328. RH Tactical Rotation ETF has a 1 year low of $17.46 and a 1 year high of $23.45. The company has a market capitalization of $58.18 million, a P/E ratio of 22.83 and a beta of 0.92. The business has a fifty day moving average of $21.71 and a two-hundred day moving average of $21.36.
Institutional Inflows and Outflows
An institutional investor recently raised its position in RH Tactical Rotation ETF stock. Partners Wealth Management LLC grew its stake in RH Tactical Rotation ETF (NYSEARCA:RHRX – Free Report) by 40.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 194,936 shares of the company’s stock after purchasing an additional 56,041 shares during the period. RH Tactical Rotation ETF makes up about 3.8% of Partners Wealth Management LLC’s holdings, making the stock its 5th largest holding. Partners Wealth Management LLC owned approximately 16.38% of RH Tactical Rotation ETF worth $3,703,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
About RH Tactical Rotation ETF
The RH Tactical Rotation ETF (RHRX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a fund-of-funds that utilizes sector rotation strategies in its attempt to capitalize on changes in the business cycle. The fund is actively managed. RHRX was launched on Sep 20, 2012 and is managed by Adaptive.
Featured Articles
- Five stocks we like better than RH Tactical Rotation ETF
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit
- 3 REITs That May Win in a Higher Interest Rate Environment
Receive News & Ratings for RH Tactical Rotation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH Tactical Rotation ETF and related companies with MarketBeat.com's FREE daily email newsletter.
