Draco Evolution AI ETF (NYSEARCA:DRAI) Stock Short Interest Falls 96.4%

Draco Evolution AI ETF (NYSEARCA:DRAI) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3 shares, a decrease of 96.4% from the August 31st total of 83 shares. Based on an average trading volume of 954 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Draco Evolution AI ETF Stock Performance

Shares of NYSEARCA DRAI traded up $0.03 during trading hours on Friday, hitting $33.15. 131 shares of the stock were exchanged, compared to its average volume of 3,097. The company has a market cap of $20.88 million, a PE ratio of 28.62 and a beta of 1.11. The company’s fifty day simple moving average is $33.32 and its two-hundred day simple moving average is $33.01. Draco Evolution AI ETF has a 1-year low of $27.45 and a 1-year high of $36.03.

About Draco Evolution AI ETF

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.