Coastal Compass 100 ETF (NYSEARCA:ROPE) Short Interest Up 130.1% in July

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 619 shares, a growth of 130.1% from the July 15th total of 269 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,171 shares, the short-interest ratio is currently 0.5 days.

Coastal Compass 100 ETF Trading Down 0.1%

Shares of Coastal Compass 100 ETF stock traded down $0.04 on Friday, reaching $30.48. 110 shares of the stock were exchanged, compared to its average volume of 3,036. Coastal Compass 100 ETF has a 1-year low of $25.58 and a 1-year high of $31.01. The business has a fifty day moving average price of $30.06 and a two-hundred day moving average price of $29.23. The firm has a market capitalization of $9.45 million, a PE ratio of 18.69 and a beta of 0.46.

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.