Core Alternative ETF (NYSEARCA:CCOR) Short Interest Down 56.8% in May

Core Alternative ETF (NYSEARCA:CCOR) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 5,865 shares, a decline of 56.8% from the May 14th total of 13,588 shares. Based on an average daily volume of 3,028 shares, the short-interest ratio is currently 1.9 days. Approximately 0.6% of the company’s stock are short sold.

Core Alternative ETF Stock Up 0.5%

CCOR stock traded up $0.14 during trading hours on Friday, hitting $25.76. The company’s stock had a trading volume of 1,329 shares, compared to its average volume of 6,361. The company has a market capitalization of $27.31 million, a PE ratio of 22.20 and a beta of 0.13. Core Alternative ETF has a 12 month low of $25.02 and a 12 month high of $27.70. The stock has a 50 day moving average price of $25.74 and a two-hundred day moving average price of $26.35.

Institutional Trading of Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Sound Income Strategies LLC bought a new position in Core Alternative ETF (NYSEARCA:CCOR) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,722 shares of the company’s stock, valued at approximately $46,000. Sound Income Strategies LLC owned approximately 0.12% of Core Alternative ETF as of its most recent SEC filing.

About Core Alternative ETF

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.