Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Decreases By 89.0%

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 271 shares, a drop of 89.0% from the December 31st total of 2,468 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,025 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 3,025 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Coastal Compass 100 ETF Trading Up 1.0%

ROPE stock traded up $0.27 during trading on Thursday, reaching $28.11. 845 shares of the stock were exchanged, compared to its average volume of 1,939. The stock has a 50 day simple moving average of $27.28 and a 200-day simple moving average of $26.45. The company has a market capitalization of $6.75 million, a P/E ratio of 18.69 and a beta of 0.84. Coastal Compass 100 ETF has a twelve month low of $22.39 and a twelve month high of $28.15.

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.