Adaptive Core ETF (BATS:RULE) Short Interest Up 186.2% in August

Adaptive Core ETF (BATS:RULE) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,124 shares, an increase of 186.2% from the July 30th total of 1,441 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,122 shares, the short-interest ratio is currently 0.4 days.

Adaptive Core ETF Trading Up 0.2%

Shares of BATS:RULE opened at $30.26 on Friday. The company has a 50 day moving average of $30.91 and a 200-day moving average of $28.56. The firm has a market cap of $17.40 million, a P/E ratio of 26.96 and a beta of 0.54. Adaptive Core ETF has a twelve month low of $21.46 and a twelve month high of $34.42.

Institutional Investors Weigh In On Adaptive Core ETF

An institutional investor recently bought a new position in Adaptive Core ETF stock. C M Bidwell & Associates Ltd. purchased a new stake in shares of Adaptive Core ETF (BATS:RULE) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 21,172 shares of the company’s stock, valued at approximately $789,000. C M Bidwell & Associates Ltd. owned 3.68% of Adaptive Core ETF as of its most recent filing with the Securities and Exchange Commission.

About Adaptive Core ETF

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.