Draco Evolution AI ETF (NYSEARCA:DRAI) Stock Short Interest Falls 96.4%

Draco Evolution AI ETF (NYSEARCA:DRAI) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3 shares, a decline of 96.4% from the August 31st total of 83 shares. Based on an average daily trading volume, of 954 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Draco Evolution AI ETF Trading Down 0.1%

Shares of NYSEARCA DRAI traded down $0.02 during midday trading on Friday, hitting $33.10. The company’s stock had a trading volume of 70 shares, compared to its average volume of 3,113. Draco Evolution AI ETF has a 12-month low of $27.45 and a 12-month high of $36.03. The firm has a market cap of $20.85 million, a P/E ratio of 28.62 and a beta of 1.11. The business’s 50 day moving average is $33.33 and its two-hundred day moving average is $33.01.

Draco Evolution AI ETF Company Profile

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.