The Trenchless Fund (NYSEARCA:RVER) Stock Short Interest Falls 77.7%

The Trenchless Fund (NYSEARCA:RVER) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,210 shares, a decrease of 77.7% from the September 15th total of 5,417 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 25,728 shares, the days-to-cover ratio is currently 0.0 days.

The Trenchless Fund Trading Down 0.1%

NYSEARCA RVER traded down $0.03 during trading on Tuesday, hitting $36.78. The company had a trading volume of 1,218 shares, compared to its average volume of 12,562. The Trenchless Fund has a one year low of $26.34 and a one year high of $39.45. The company has a market cap of $141.97 million, a price-to-earnings ratio of 22.39 and a beta of 1.47. The company’s fifty day moving average is $36.69 and its 200-day moving average is $33.91.

About The Trenchless Fund

The Trenchless Fund ETF (RVER) is an exchange-traded fund that mostly invests in total market equity. The fund seeks capital appreciation through an actively managed portfolio of 12 to 30 US-listed stocks the adviser perceives to have an above-average probability of outperforming the S&P 500 Index. RVER was launched on Oct 3, 2023 and is issued by River1.