The Trenchless Fund (NYSEARCA:RVER – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 5,611 shares, an increase of 426.9% from the October 15th total of 1,065 shares. Based on an average trading volume of 3,979 shares, the short-interest ratio is currently 1.4 days. Currently, 0.1% of the shares of the company are sold short.
The Trenchless Fund Stock Performance
RVER stock traded down $1.17 during midday trading on Friday, reaching $32.08. The stock had a trading volume of 763 shares, compared to its average volume of 11,702. The firm has a fifty day simple moving average of $35.40 and a two-hundred day simple moving average of $33.00. The Trenchless Fund has a 52-week low of $26.34 and a 52-week high of $39.45. The stock has a market cap of $123.83 million, a PE ratio of 27.11 and a beta of 1.52.
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.
Recommended Stories
- Five stocks we like better than The Trenchless Fund
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
- Firefly Aerospace Lights Up a High-Risk Space Opportunity
Receive News & Ratings for The Trenchless Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Trenchless Fund and related companies with MarketBeat.com's FREE daily email newsletter.
