Rareview Systematic Equity ETF (BATS:RSEE) Short Interest Down 55.6% in July

Rareview Systematic Equity ETF (BATS:RSEE) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 7,482 shares, a drop of 55.6% from the June 30th total of 16,857 shares. Based on an average trading volume of 4,206 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Rareview Systematic Equity ETF

An institutional investor recently raised its position in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC increased its stake in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,854 shares of the company’s stock after buying an additional 14,698 shares during the quarter. Janney Montgomery Scott LLC owned about 3.21% of Rareview Systematic Equity ETF worth $1,889,000 at the end of the most recent reporting period.

Rareview Systematic Equity ETF Stock Down 2.1%

Shares of Rareview Systematic Equity ETF stock opened at $37.06 on Thursday. The stock has a market capitalization of $66.71 million, a price-to-earnings ratio of 21.27 and a beta of 0.69. Rareview Systematic Equity ETF has a twelve month low of $29.93 and a twelve month high of $40.36. The company has a 50-day simple moving average of $38.89 and a two-hundred day simple moving average of $36.71.

Rareview Systematic Equity ETF Company Profile

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.