PlanRock Alternative Growth ETF (NYSEARCA:PRAE) Stock Short Interest Rises 128.9%

PlanRock Alternative Growth ETF (NYSEARCA:PRAE) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 5,058 shares, a growth of 128.9% from the September 15th total of 2,210 shares. Based on an average trading volume of 494 shares, the short-interest ratio is currently 10.2 days. Currently, 1.6% of the company’s stock are sold short.

PlanRock Alternative Growth ETF Stock Down 0.9%

Shares of NYSEARCA:PRAE traded down $0.39 during midday trading on Wednesday, reaching $42.01. The company’s stock had a trading volume of 4,628 shares, compared to its average volume of 652. The firm has a 50 day moving average of $41.52 and a 200-day moving average of $40.32. The firm has a market capitalization of $13.44 million, a P/E ratio of 17.42 and a beta of 0.91. PlanRock Alternative Growth ETF has a 12-month low of $35.19 and a 12-month high of $42.64.

About PlanRock Alternative Growth ETF

The PlanRock Alternative Growth ETF (PRAE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to toggle its investments across global growth markets according to a proprietary methodology. The fund holds equities and alternative investments such as commodities and currencies. PRAE was launched on Dec 19, 2023 and is issued by PlanRock.