Short Interest in Rareview Systematic Equity ETF (BATS:RSEE) Decreases By 55.6%

Rareview Systematic Equity ETF (BATS:RSEE) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 7,482 shares, a decrease of 55.6% from the June 30th total of 16,857 shares. Based on an average trading volume of 4,206 shares, the short-interest ratio is currently 1.8 days. Currently, 0.4% of the shares of the company are short sold.

Rareview Systematic Equity ETF Price Performance

Shares of Rareview Systematic Equity ETF stock opened at $37.96 on Tuesday. The business has a fifty day simple moving average of $38.92 and a two-hundred day simple moving average of $36.67. Rareview Systematic Equity ETF has a 1 year low of $29.93 and a 1 year high of $40.36. The company has a market capitalization of $68.33 million, a price-to-earnings ratio of 21.27 and a beta of 0.69.

Hedge Funds Weigh In On Rareview Systematic Equity ETF

A hedge fund recently raised its stake in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC lifted its stake in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 57,854 shares of the company’s stock after buying an additional 14,698 shares during the quarter. Janney Montgomery Scott LLC owned about 3.21% of Rareview Systematic Equity ETF worth $1,889,000 as of its most recent SEC filing.

Rareview Systematic Equity ETF Company Profile

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.