RH Tactical Rotation ETF (NYSEARCA:RHRX) Stock Short Interest Report for October

RH Tactical Rotation ETF (NYSEARCA:RHRX) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,798 shares, a decline of 39.9% from the September 30th total of 6,320 shares. Based on an average daily trading volume, of 4,315 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the company’s shares are short sold.

RH Tactical Rotation ETF Price Performance

RHRX traded up $0.04 on Tuesday, hitting $21.51. The company had a trading volume of 7,212 shares, compared to its average volume of 14,845. RH Tactical Rotation ETF has a 52-week low of $17.46 and a 52-week high of $23.45. The firm has a market capitalization of $58.30 million, a P/E ratio of 22.83 and a beta of 0.92. The stock has a fifty day simple moving average of $21.62 and a 200-day simple moving average of $20.85.

Institutional Investors Weigh In On RH Tactical Rotation ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RHRX. Partners Wealth Management LLC raised its stake in RH Tactical Rotation ETF by 492.4% during the third quarter. Partners Wealth Management LLC now owns 1,285,309 shares of the company’s stock valued at $27,596,000 after purchasing an additional 1,068,344 shares in the last quarter. IFP Advisors Inc purchased a new position in shares of RH Tactical Rotation ETF in the 3rd quarter worth $546,000. Avior Wealth Management LLC bought a new stake in shares of RH Tactical Rotation ETF in the 3rd quarter worth about $685,000. Integrity Advisory Solutions LLC bought a new stake in shares of RH Tactical Rotation ETF in the 3rd quarter worth about $206,000. Finally, MGO One Seven LLC purchased a new stake in shares of RH Tactical Rotation ETF during the 3rd quarter valued at about $1,241,000.

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.