Short Interest in Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) Declines By 47.3%

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 2,900 shares, a decline of 47.3% from the February 28th total of 5,500 shares. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 0.8 days. Approximately 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Relative Sentiment Tactical Allocation ETF stock. Ethos Financial Group LLC grew its position in shares of Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) by 16.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 387,054 shares of the company’s stock after buying an additional 53,951 shares during the quarter. Relative Sentiment Tactical Allocation ETF makes up about 1.5% of Ethos Financial Group LLC’s investment portfolio, making the stock its 18th largest holding. Ethos Financial Group LLC owned approximately 60.48% of Relative Sentiment Tactical Allocation ETF worth $11,450,000 at the end of the most recent reporting period.

Relative Sentiment Tactical Allocation ETF Stock Performance

Shares of NASDAQ MOOD traded down $0.12 during mid-day trading on Friday, reaching $31.13. The company had a trading volume of 31,182 shares, compared to its average volume of 3,979. Relative Sentiment Tactical Allocation ETF has a twelve month low of $27.62 and a twelve month high of $31.55. The stock’s 50 day moving average is $30.88 and its 200-day moving average is $30.57. The stock has a market capitalization of $19.92 million, a PE ratio of 17.44 and a beta of 0.81.

About Relative Sentiment Tactical Allocation ETF

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.