Short Interest in North Shore Equity Rotation ETF (NYSEARCA:KOOL) Increases By 63.2%

North Shore Equity Rotation ETF (NYSEARCA:KOOL) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 8,758 shares, an increase of 63.2% from the May 14th total of 5,366 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 7,424 shares, the short-interest ratio is presently 1.2 days.

North Shore Equity Rotation ETF Trading Down 1.0%

Shares of NYSEARCA KOOL opened at $14.27 on Thursday. The stock has a market cap of $58.36 million, a P/E ratio of -3.59 and a beta of 0.92. North Shore Equity Rotation ETF has a 12-month low of $11.33 and a 12-month high of $14.78. The business’s fifty day simple moving average is $14.29 and its 200-day simple moving average is $13.48.

About North Shore Equity Rotation ETF

The North Shore Equity Rotation ETF (KOOL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to outperform the S&P 500 index by investing globally in stocks of any market capitalization. Investments are adjusted towards sectors the funds adviser identifies as possessing the greatest performance potential. KOOL was launched on Apr 1, 2024 and is issued by North Shore.