The Trenchless Fund (NYSEARCA:RVER) Short Interest Update

The Trenchless Fund (NYSEARCA:RVER) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,000 shares, an increase of 289.1% from the May 14th total of 257 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,161 shares, the short-interest ratio is presently 0.1 days.

The Trenchless Fund Stock Performance

Shares of NYSEARCA:RVER traded up $0.20 during mid-day trading on Friday, reaching $34.81. 768 shares of the company’s stock were exchanged, compared to its average volume of 15,518. The firm has a market capitalization of $143.07 million, a price-to-earnings ratio of 22.39 and a beta of 1.48. The business’s fifty day moving average price is $31.64 and its 200-day moving average price is $30.98. The Trenchless Fund has a twelve month low of $26.34 and a twelve month high of $39.45.

About The Trenchless Fund

The Trenchless Fund ETF (RVER) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation through an actively managed portfolio of 12 to 30 US-listed stocks the adviser perceives to have an above-average probability of outperforming the S&P 500 Index. RVER was launched on Oct 3, 2023 and is issued by River1.