Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Declines By 82.3%

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 213 shares, a decrease of 82.3% from the May 14th total of 1,205 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,127 shares, the short-interest ratio is currently 0.1 days.

Coastal Compass 100 ETF Stock Performance

Shares of Coastal Compass 100 ETF stock traded down $0.08 during trading on Wednesday, hitting $29.45. 943 shares of the stock were exchanged, compared to its average volume of 3,505. The stock’s fifty day moving average is $28.88 and its 200 day moving average is $28.26. The stock has a market cap of $8.54 million, a PE ratio of 18.69 and a beta of 0.49. Coastal Compass 100 ETF has a 12 month low of $25.03 and a 12 month high of $29.83.

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.