The Trenchless Fund (NYSEARCA:RVER) Short Interest Up 600.0% in September

The Trenchless Fund (NYSEARCA:RVER) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 3,500 shares, a growth of 600.0% from the August 31st total of 500 shares. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 6,800 shares, the days-to-cover ratio is currently 0.5 days.

The Trenchless Fund Trading Up 0.2%

NYSEARCA:RVER opened at $33.28 on Friday. The stock has a market capitalization of $93.52 million, a PE ratio of 22.39 and a beta of 1.90. The firm’s 50 day moving average is $32.20 and its 200 day moving average is $29.95. The Trenchless Fund has a 12 month low of $23.05 and a 12 month high of $33.98.

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.