North Shore Equity Rotation ETF (NYSEARCA:KOOL) Sees Large Growth in Short Interest

North Shore Equity Rotation ETF (NYSEARCA:KOOL) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 4,082 shares, a growth of 450.9% from the October 15th total of 741 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 8,490 shares, the days-to-cover ratio is currently 0.5 days.

North Shore Equity Rotation ETF Price Performance

NYSEARCA KOOL traded down $0.04 during mid-day trading on Thursday, hitting $14.09. The company’s stock had a trading volume of 762 shares, compared to its average volume of 6,509. North Shore Equity Rotation ETF has a 52-week low of $12.27 and a 52-week high of $15.08. The stock’s fifty day simple moving average is $14.55 and its two-hundred day simple moving average is $14.14. The firm has a market capitalization of $56.36 million, a P/E ratio of -3.55 and a beta of 0.95.

North Shore Equity Rotation ETF Company Profile

The North Shore Equity Rotation ETF (KOOL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to outperform the S&P 500 index by investing globally in stocks of any market capitalization. Investments are adjusted towards sectors the funds adviser identifies as possessing the greatest performance potential. KOOL was launched on Apr 1, 2024 and is issued by North Shore.