Cboe Vest 10 Year Interest Rate Hedge ETF (NYSEARCA:RYSE) Shares Down 0.9% – Here’s What Happened

Cboe Vest 10 Year Interest Rate Hedge ETF (NYSEARCA:RYSE) shares dropped 0.9% during trading on Friday . The company traded as low as $22.22 and last traded at $22.22. Approximately 48 shares changed hands during trading, a decline of 76% from the average daily volume of 201 shares. The stock had previously closed at $22.42.

Cboe Vest 10 Year Interest Rate Hedge ETF Stock Down 0.9%

The business has a 50 day simple moving average of $23.25 and a 200-day simple moving average of $22.94.

Cboe Vest 10 Year Interest Rate Hedge ETF Company Profile

The Cboe Vest 10 Year Interest Rate Hedge ETF (RYSE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund aims to generate capital appreciation from rising 10-year interest rates of US Treasurys. The actively managed fund invests in options on interest rate swaps, creating downside limits to losses and upside caps to gains RYSE was launched on Jan 3, 2023 and is managed by Cboe Vest.