Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Sees Large Increase in Short Interest

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 2,800 shares, an increase of 250.0% from the June 30th total of 800 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 2.8 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC boosted its holdings in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 6.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 303,099 shares of the company’s stock after acquiring an additional 19,224 shares during the period. Relative Sentiment Tactical Allocation ETF accounts for about 1.6% of Ethos Financial Group LLC’s investment portfolio, making the stock its 16th largest holding. Ethos Financial Group LLC owned about 55.11% of Relative Sentiment Tactical Allocation ETF worth $8,516,000 as of its most recent SEC filing.

Relative Sentiment Tactical Allocation ETF Stock Up 0.0 %

Shares of NASDAQ:MOOD traded up $0.01 on Thursday, hitting $29.02. The company had a trading volume of 1,550 shares, compared to its average volume of 1,114. The firm’s 50-day simple moving average is $29.07 and its two-hundred day simple moving average is $28.05. Relative Sentiment Tactical Allocation ETF has a 1 year low of $24.23 and a 1 year high of $29.78. The firm has a market capitalization of $16.25 million, a price-to-earnings ratio of 16.54 and a beta of 0.81.

Relative Sentiment Tactical Allocation ETF Company Profile

The Relative Sentiment Tactical Allocation ETF (MOOD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that tactically invests in equities, bonds, and gold based on relative sentiment factors. MOOD was launched on May 19, 2022 and is issued by Alpha Architect.