Coastal Compass 100 ETF (NYSEARCA:ROPE) Short Interest Update

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 674 shares, an increase of 59.3% from the August 15th total of 423 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 44,906 shares, the days-to-cover ratio is presently 0.0 days.

Coastal Compass 100 ETF Stock Down 0.3%

NYSEARCA ROPE opened at $29.50 on Friday. The firm has a market capitalization of $29.47 million, a PE ratio of 18.69 and a beta of 0.46. The stock’s 50 day moving average is $30.23 and its 200 day moving average is $29.43. Coastal Compass 100 ETF has a twelve month low of $25.58 and a twelve month high of $31.01.

Coastal Compass 100 ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 29th were issued a dividend of $0.1331 per share. This is a boost from Coastal Compass 100 ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Monday, June 29th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.8%.

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.