Range Global Coal Index ETF (NYSEARCA:COAL) Stock Short Interest Report for September

Range Global Coal Index ETF (NYSEARCA:COAL) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 9,542 shares, a decline of 35.9% from the September 15th total of 14,896 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 28,898 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Range Global Coal Index ETF

Several large investors have recently added to or reduced their stakes in COAL. Royal Bank of Canada acquired a new position in Range Global Coal Index ETF during the 1st quarter worth $68,000. Group One Trading LLC grew its stake in shares of Range Global Coal Index ETF by 1,807.9% in the first quarter. Group One Trading LLC now owns 15,282 shares of the company’s stock worth $419,000 after purchasing an additional 14,481 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Range Global Coal Index ETF in the first quarter worth $435,000. Cetera Investment Advisers acquired a new position in shares of Range Global Coal Index ETF during the first quarter valued at $577,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Range Global Coal Index ETF during the first quarter valued at $650,000.

Range Global Coal Index ETF Trading Down 1.1%

COAL opened at $24.30 on Friday. The business’s 50 day moving average is $25.72 and its 200-day moving average is $25.21. The stock has a market cap of $53.46 million, a PE ratio of 8.14 and a beta of 0.27. Range Global Coal Index ETF has a twelve month low of $20.53 and a twelve month high of $29.10.

About Range Global Coal Index ETF

The Range Global Coal Index ETF (COAL) is an exchange-traded fund that is based on the Range Global Coal index. The fund is designed to replicate the performance of a market-cap weighted index comprising global stocks primarily involved in the coal industry, including those engaged in coal production and logistics. COAL was launched on Jan 23, 2024 and is issued by Range.