Rareview Systematic Equity ETF (BATS:RSEE) Short Interest Update

Rareview Systematic Equity ETF (BATS:RSEE) was the target of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,694 shares, a drop of 55.9% from the April 30th total of 8,377 shares. Based on an average daily volume of 9,926 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Rareview Systematic Equity ETF

A hedge fund recently bought a new stake in Rareview Systematic Equity ETF stock. Bank of New York Mellon Corp acquired a new stake in Rareview Systematic Equity ETF (BATS:RSEE) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,152 shares of the company’s stock, valued at approximately $266,000. Bank of New York Mellon Corp owned about 0.45% of Rareview Systematic Equity ETF at the end of the most recent reporting period.

Rareview Systematic Equity ETF Price Performance

BATS:RSEE opened at $39.67 on Friday. The firm has a market capitalization of $71.41 million, a price-to-earnings ratio of 21.27 and a beta of 0.69. Rareview Systematic Equity ETF has a 1 year low of $28.49 and a 1 year high of $39.78. The business has a 50 day simple moving average of $36.13 and a 200-day simple moving average of $35.23.

About Rareview Systematic Equity ETF

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.