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

Relative Sentiment Tactical Allocation ETF (NASDAQ:MOOD) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 2,300 shares, a decrease of 64.6% from the October 15th total of 6,500 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 2.6 days.

Relative Sentiment Tactical Allocation ETF Price Performance

Shares of NASDAQ:MOOD traded down $0.03 on Wednesday, reaching $30.67. The company’s stock had a trading volume of 253 shares, compared to its average volume of 1,098. Relative Sentiment Tactical Allocation ETF has a 52-week low of $25.85 and a 52-week high of $31.04. The stock has a market capitalization of $18.40 million, a P/E ratio of 16.54 and a beta of 0.81. The stock’s 50-day moving average is $30.35 and its two-hundred day moving average is $29.48.

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.