Core Alternative ETF (NYSEARCA:CCOR) Short Interest Down 56.1% in April

Core Alternative ETF (NYSEARCA:CCOR) was the target of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 14,078 shares, a decline of 56.1% from the April 15th total of 32,097 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average trading volume of 8,648 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Sound Income Strategies LLC bought a new stake in Core Alternative ETF (NYSEARCA:CCOR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned 0.12% of Core Alternative ETF as of its most recent SEC filing.

Core Alternative ETF Stock Performance

NYSEARCA CCOR remained flat at $25.49 on Friday. 16,974 shares of the company were exchanged, compared to its average volume of 6,851. The stock has a market capitalization of $27.02 million, a price-to-earnings ratio of 22.20 and a beta of 0.14. The company’s 50 day moving average price is $26.02 and its 200-day moving average price is $26.40. Core Alternative ETF has a twelve month low of $25.36 and a twelve month high of $27.70.

About Core Alternative ETF

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. CCOR was launched on May 24, 2017 and is managed by Core Alternative.