Coastal Compass 100 ETF (NYSEARCA:ROPE) Short Interest Up 130.1% in July

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 619 shares, an increase of 130.1% from the July 15th total of 269 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 1,171 shares, the short-interest ratio is presently 0.5 days.

Coastal Compass 100 ETF Stock Down 0.1%

ROPE stock traded down $0.04 during trading on Friday, hitting $30.48. The company had a trading volume of 110 shares, compared to its average volume of 3,036. The firm has a 50-day moving average price of $30.06 and a 200-day moving average price of $29.23. Coastal Compass 100 ETF has a 12 month low of $25.58 and a 12 month high of $31.01. The stock has a market cap of $9.45 million, a price-to-earnings ratio of 18.69 and a beta of 0.46.

Coastal Compass 100 ETF Company Profile

The Coastal Compass 100 ETF (ROPE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of high quality, dividend-paying equity securities while aiming to provide downside protection using cash. It selects 25-50 large-cap stocks and employs a trend-following approach. ROPE was launched on Dec 17, 2024 and is issued by Coastal.