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

North Shore Equity Rotation ETF (NYSEARCA:KOOL) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 22,427 shares, a growth of 4,263.2% from the November 30th total of 514 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average trading volume of 10,796 shares, the short-interest ratio is currently 2.1 days. Based on an average trading volume of 10,796 shares, the short-interest ratio is currently 2.1 days. Approximately 0.5% of the company’s shares are sold short.

North Shore Equity Rotation ETF Stock Performance

Shares of NYSEARCA:KOOL traded up $0.04 during trading on Thursday, reaching $12.88. 1,400 shares of the stock were exchanged, compared to its average volume of 8,581. The firm has a market cap of $53.19 million, a price-to-earnings ratio of -3.24 and a beta of 1.01. North Shore Equity Rotation ETF has a 12-month low of $8.95 and a 12-month high of $13.08. The firm’s 50-day moving average price is $12.73 and its 200 day moving average price is $12.34.

About North Shore Equity Rotation ETF

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.