Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Declines By 82.3%

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 213 shares, a decrease of 82.3% from the May 14th total of 1,205 shares. Based on an average daily trading volume, of 2,127 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Coastal Compass 100 ETF Price Performance

NYSEARCA:ROPE traded down $0.08 during mid-day trading on Wednesday, reaching $29.45. The stock had a trading volume of 943 shares, compared to its average volume of 3,505. The business’s 50 day moving average is $28.88 and its 200 day moving average is $28.26. Coastal Compass 100 ETF has a fifty-two week low of $25.03 and a fifty-two week high of $29.83. The stock has a market cap of $8.54 million, a P/E ratio of 18.69 and a beta of 0.49.

Coastal Compass 100 ETF Company Profile

The Coastal Compass 100 ETF (ROPE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of high quality, dividend-paying equity securities while aiming to provide downside protection using cash. It selects 25-50 large-cap stocks and employs a trend-following approach. ROPE was launched on Dec 17, 2024 and is issued by Coastal.