Draco Evolution AI ETF (NYSEARCA:DRAI) Short Interest Update

Draco Evolution AI ETF (NYSEARCA:DRAI) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 493 shares, a decrease of 78.2% from the May 14th total of 2,257 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,104 shares, the short-interest ratio is currently 0.1 days.

Draco Evolution AI ETF Stock Performance

Shares of NYSEARCA DRAI traded down $0.24 during midday trading on Wednesday, hitting $33.77. 1,732 shares of the stock traded hands, compared to its average volume of 4,396. The company has a market cap of $21.61 million, a PE ratio of 28.62 and a beta of 1.09. Draco Evolution AI ETF has a one year low of $25.62 and a one year high of $36.03. The business has a 50 day moving average price of $33.24 and a two-hundred day moving average price of $31.33.

Draco Evolution AI ETF Company Profile

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.