Short Interest in Core Alternative ETF (NYSEARCA:CCOR) Grows By 98.7%

Core Alternative ETF (NYSEARCA:CCOR) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 6,709 shares, an increase of 98.7% from the June 15th total of 3,377 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 2,457 shares, the days-to-cover ratio is presently 2.7 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Core Alternative ETF stock. Flagship Harbor Advisors LLC bought a new stake in Core Alternative ETF (NYSEARCA:CCOR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned approximately 0.42% of Core Alternative ETF at the end of the most recent quarter.

Core Alternative ETF Stock Down 0.2%

Shares of NYSEARCA CCOR traded down $0.06 during midday trading on Friday, hitting $26.16. 590 shares of the company’s stock were exchanged, compared to its average volume of 5,712. Core Alternative ETF has a 12 month low of $25.00 and a 12 month high of $27.70. The company’s 50 day moving average price is $25.63 and its 200 day moving average price is $26.23. The firm has a market capitalization of $27.73 million, a PE ratio of 22.20 and a beta of 0.13.

Core Alternative ETF Company Profile

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. CCOR was launched on May 24, 2017 and is managed by Core Alternative.