Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Grows By 439.1%

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 496 shares, a growth of 439.1% from the June 15th total of 92 shares. Based on an average daily volume of 3,719 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Coastal Compass 100 ETF Price Performance

Shares of Coastal Compass 100 ETF stock traded up $0.13 during trading on Friday, hitting $30.18. 1,852 shares of the company’s stock traded hands, compared to its average volume of 3,313. Coastal Compass 100 ETF has a 1 year low of $25.04 and a 1 year high of $30.33. The business has a 50-day simple moving average of $29.46 and a 200-day simple moving average of $28.75. The stock has a market capitalization of $9.36 million, a P/E ratio of 18.69 and a beta of 0.47.

About Coastal Compass 100 ETF

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.