Coastal Compass 100 ETF (NYSEARCA:ROPE) Short Interest Down 89.0% in January

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 271 shares, a decline of 89.0% from the December 31st total of 2,468 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,025 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 3,025 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Coastal Compass 100 ETF Price Performance

Shares of ROPE traded down $0.15 during mid-day trading on Wednesday, hitting $27.84. The stock had a trading volume of 794 shares, compared to its average volume of 2,005. Coastal Compass 100 ETF has a 52 week low of $22.39 and a 52 week high of $28.15. The business has a fifty day moving average price of $27.20 and a 200-day moving average price of $26.43. The firm has a market cap of $6.68 million, a P/E ratio of 18.69 and a beta of 0.84.

Coastal Compass 100 ETF Company Profile

The Coastal Compass 100 ETF (ROPE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of high quality, dividend-paying equity securities while aiming to provide downside protection using cash. It selects 25-50 large-cap stocks and employs a trend-following approach. ROPE was launched on Dec 17, 2024 and is issued by Coastal.