Coastal Compass 100 ETF (NYSEARCA:ROPE) Sees Large Decrease in Short Interest

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 92 shares, a decline of 56.8% from the May 31st total of 213 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,075 shares, the days-to-cover ratio is currently 0.1 days.

Coastal Compass 100 ETF Price Performance

Coastal Compass 100 ETF stock remained flat at $29.73 during mid-day trading on Wednesday. The company’s stock had a trading volume of 1,067 shares, compared to its average volume of 3,430. The business has a fifty day moving average of $29.27 and a two-hundred day moving average of $28.59. Coastal Compass 100 ETF has a 1 year low of $25.04 and a 1 year high of $30.26. The company has a market capitalization of $8.62 million, a P/E ratio of 18.69 and a beta of 0.49.

Coastal Compass 100 ETF Company Profile

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.