Mkam ETF (NASDAQ: MKAM) saw its share price increase by 0.4% on Monday, reaching $31.08. Trading activity was notably light, with only 118 shares changing hands, a significant drop from the average daily volume of 1,096 shares. The stock had closed the previous session at $30.97.
Despite the modest price gain, the reduced trading volume indicates limited market participation during the session.
**Why this matters**
The slight uptick in Mkam ETF’s price, combined with lower-than-average trading volume, suggests cautious investor interest. Monitoring future trading patterns and volume may provide clearer insights into market sentiment for this ETF.
Source: NewsData