Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Sees Large Growth in Short Interest

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 23,395 shares, a growth of 145.2% from the June 15th total of 9,540 shares. Currently, 4.1% of the shares of the stock are short sold. Based on an average trading volume of 5,014 shares, the short-interest ratio is currently 4.7 days.

Clockwise Core Equity & Innovation ETF Price Performance

TIME stock remained flat at $26.45 during mid-day trading on Tuesday. 250 shares of the company’s stock traded hands, compared to its average volume of 3,770. The firm’s 50-day moving average price is $26.68 and its 200-day moving average price is $25.20. Clockwise Core Equity & Innovation ETF has a 1-year low of $22.31 and a 1-year high of $27.45. The company has a market capitalization of $15.08 million, a P/E ratio of -881.67 and a beta of 1.22.

Institutional Investors Weigh In On Clockwise Core Equity & Innovation ETF

A hedge fund recently bought a new position in Clockwise Core Equity & Innovation ETF stock. Betterment LLC bought a new stake in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 8,487 shares of the company’s stock, valued at approximately $216,000. Betterment LLC owned about 0.91% of Clockwise Core Equity & Innovation ETF as of its most recent filing with the Securities and Exchange Commission. 89.28% of the stock is currently owned by hedge funds and other institutional investors.

About Clockwise Core Equity & Innovation ETF

The Clockwise Capital Innovation ETF (TIME) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed and aims to invest in domestic companies that best utilize 5G internet and cloud-based products and services. TIME was launched on Jan 27, 2022 and is managed by Clockwise Capital.