Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) Sees Significant Growth in Short Interest

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,911 shares, a growth of 56.0% from the September 15th total of 1,225 shares. Based on an average daily volume of 1,843 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On Strategy Shares Newfound/ReSolve Robust Momentum ETF

A hedge fund recently raised its position in Strategy Shares Newfound/ReSolve Robust Momentum ETF stock. WJ Interests LLC boosted its position in Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO) by 6.4% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 450,526 shares of the company’s stock after acquiring an additional 27,257 shares during the period. Strategy Shares Newfound/ReSolve Robust Momentum ETF comprises approximately 5.4% of WJ Interests LLC’s holdings, making the stock its 10th biggest holding. WJ Interests LLC owned 50.06% of Strategy Shares Newfound/ReSolve Robust Momentum ETF worth $14,187,000 at the end of the most recent quarter.

Strategy Shares Newfound/ReSolve Robust Momentum ETF Price Performance

Shares of BATS ROMO opened at $33.82 on Friday. The company has a market cap of $30.44 million, a PE ratio of 19.33 and a beta of 0.59. Strategy Shares Newfound/ReSolve Robust Momentum ETF has a 12 month low of $30.46 and a 12 month high of $35.13. The company has a 50-day simple moving average of $34.56 and a 200-day simple moving average of $33.76.

About Strategy Shares Newfound/ReSolve Robust Momentum ETF

The Strategy Shares Newfound\u002FReSolve Robust Momentum ETF (ROMO) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is a passively managed fund-of-funds that shifts exposure to global equities regionally or U.S. Treasurys based on momentum and trend. ROMO was launched on Nov 1, 2019 and is managed by Strategy Shares.