Short Interest in Core Alternative ETF (NYSEARCA:CCOR) Expands By 98.7%

Core Alternative ETF (NYSEARCA:CCOR) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 6,709 shares, a growth of 98.7% from the June 15th total of 3,377 shares. Based on an average trading volume of 2,457 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.6% of the company’s shares are sold short.

Core Alternative ETF Trading Down 0.0%

Core Alternative ETF stock opened at $26.02 on Thursday. The firm has a market cap of $27.58 million, a P/E ratio of 22.20 and a beta of 0.13. Core Alternative ETF has a 1-year low of $25.00 and a 1-year high of $27.70. The firm has a 50-day moving average of $25.60 and a 200-day moving average of $26.23.

Hedge Funds Weigh In On Core Alternative ETF

A hedge fund recently bought a new stake in Core Alternative ETF stock. Flagship Harbor Advisors LLC purchased a new stake in Core Alternative ETF (NYSEARCA:CCOR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned approximately 0.42% of Core Alternative ETF as of its most recent SEC filing.

About Core Alternative ETF

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. CCOR was launched on May 24, 2017 and is managed by Core Alternative.