Coastal Compass 100 ETF (NYSEARCA:ROPE) Stock Short Interest Jumps 204.5%

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,052 shares, a growth of 204.5% from the August 31st total of 674 shares. Based on an average daily volume of 1,610 shares, the short-interest ratio is presently 1.3 days. Currently, 0.3% of the company’s stock are sold short.

Coastal Compass 100 ETF Stock Performance

Coastal Compass 100 ETF stock traded up $0.19 during mid-day trading on Friday, reaching $29.54. The stock had a trading volume of 1,912 shares, compared to its average volume of 5,434. Coastal Compass 100 ETF has a fifty-two week low of $25.58 and a fifty-two week high of $31.01. The stock’s 50-day simple moving average is $30.16 and its 200-day simple moving average is $29.44. The firm has a market capitalization of $23.04 million, a PE ratio of 18.69 and a beta of 0.46.

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.