Adaptive Core ETF (BATS:RULE) Short Interest Up 200.0% in May

Adaptive Core ETF (BATS:RULE) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 444 shares, an increase of 200.0% from the May 14th total of 148 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,443 shares, the days-to-cover ratio is presently 0.2 days.

Adaptive Core ETF Stock Performance

Shares of RULE opened at $32.24 on Friday. The stock has a market cap of $18.54 million, a PE ratio of 26.96 and a beta of 0.54. Adaptive Core ETF has a fifty-two week low of $21.46 and a fifty-two week high of $33.33. The firm’s 50-day simple moving average is $28.79 and its two-hundred day simple moving average is $25.76.

About Adaptive Core ETF

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.