Draco Evolution AI ETF (NYSEARCA:DRAI) Short Interest Update

Draco Evolution AI ETF (NYSEARCA:DRAI) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,513 shares, an increase of 62.5% from the November 30th total of 2,778 shares. Based on an average daily trading volume, of 5,437 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.7% of the company’s stock are short sold. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 5,437 shares, the days-to-cover ratio is currently 0.8 days.

Draco Evolution AI ETF Stock Down 0.0%

NYSEARCA DRAI traded down $0.01 on Tuesday, reaching $30.56. The company had a trading volume of 7,422 shares, compared to its average volume of 3,916. Draco Evolution AI ETF has a 52-week low of $21.63 and a 52-week high of $31.26. The stock has a market capitalization of $20.48 million, a P/E ratio of 28.62 and a beta of 1.05. The company’s fifty day moving average is $30.59 and its 200 day moving average is $29.08.

Draco Evolution AI ETF Company Profile

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.