Draco Evolution AI ETF (NYSEARCA:DRAI) Short Interest Update

Draco Evolution AI ETF (NYSEARCA:DRAI) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 127 shares, a drop of 74.2% from the May 31st total of 493 shares. Based on an average daily trading volume, of 3,350 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Draco Evolution AI ETF Stock Performance

NYSEARCA DRAI traded down $0.22 during trading on Friday, reaching $33.64. 1,896 shares of the company’s stock were exchanged, compared to its average volume of 4,169. The stock has a market cap of $21.53 million, a P/E ratio of 28.62 and a beta of 1.09. The company has a 50 day moving average price of $34.34 and a two-hundred day moving average price of $31.66. Draco Evolution AI ETF has a 1 year low of $27.34 and a 1 year high of $36.03.

About Draco Evolution AI ETF

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.