Adaptive Core ETF (BATS:RULE) Sees Significant Increase in Short Interest

Adaptive Core ETF (BATS:RULE) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 444 shares, a growth of 200.0% from the May 14th total of 148 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,443 shares, the short-interest ratio is presently 0.2 days.

Adaptive Core ETF Trading Up 5.0%

Adaptive Core ETF stock opened at $31.69 on Friday. The firm has a market cap of $18.22 million, a price-to-earnings ratio of 26.96 and a beta of 0.54. The stock has a fifty day simple moving average of $28.63 and a two-hundred day simple moving average of $25.72. Adaptive Core ETF has a 12 month low of $21.46 and a 12 month high of $33.33.

About Adaptive Core ETF

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.