Coastal Compass 100 ETF (NYSEARCA:ROPE) Sees Significant Growth in Short Interest

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 3,476 shares, an increase of 1,691.8% from the January 29th total of 194 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average daily trading volume, of 1,988 shares, the short-interest ratio is currently 1.7 days. Based on an average daily trading volume, of 1,988 shares, the short-interest ratio is currently 1.7 days. Currently, 1.4% of the company’s shares are sold short.

Coastal Compass 100 ETF Stock Performance

Shares of NYSEARCA:ROPE opened at $29.35 on Friday. The firm’s 50 day simple moving average is $28.25 and its 200-day simple moving average is $26.96. Coastal Compass 100 ETF has a one year low of $22.39 and a one year high of $29.83. The firm has a market cap of $7.04 million, a PE ratio of 18.69 and a beta of 0.84.

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.