Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Rises By 439.1%

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 496 shares, an increase of 439.1% from the June 15th total of 92 shares. Based on an average daily trading volume, of 3,719 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.

Coastal Compass 100 ETF Trading Down 0.1%

Shares of Coastal Compass 100 ETF stock traded down $0.03 during trading hours on Monday, reaching $30.15. 4,698 shares of the company’s stock were exchanged, compared to its average volume of 3,324. The company has a fifty day moving average of $29.46 and a 200-day moving average of $28.76. Coastal Compass 100 ETF has a 52-week low of $25.04 and a 52-week high of $30.33. The firm has a market capitalization of $11.46 million, a price-to-earnings ratio of 18.69 and a beta of 0.47.

About Coastal Compass 100 ETF

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.