Core Alternative ETF (NYSEARCA:CCOR) Short Interest Down 56.1% in April

Core Alternative ETF (NYSEARCA:CCOR) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 14,078 shares, a decline of 56.1% from the April 15th total of 32,097 shares. Currently, 1.3% of the shares of the company are sold short. Based on an average daily trading volume, of 8,648 shares, the short-interest ratio is presently 1.6 days.

Institutional Investors Weigh In On Core Alternative ETF

An institutional investor recently bought a new position in Core Alternative ETF stock. Flagship Harbor Advisors LLC purchased a new stake in shares of Core Alternative ETF (NYSEARCA:CCOR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,907 shares of the company’s stock, valued at approximately $155,000. Flagship Harbor Advisors LLC owned about 0.42% of Core Alternative ETF at the end of the most recent quarter.

Core Alternative ETF Price Performance

Shares of CCOR remained flat at $25.49 during mid-day trading on Friday. The stock had a trading volume of 16,974 shares, compared to its average volume of 6,851. The firm’s 50 day simple moving average is $26.02 and its 200-day simple moving average is $26.40. The company has a market cap of $27.02 million, a PE ratio of 22.20 and a beta of 0.14. Core Alternative ETF has a 52 week low of $25.36 and a 52 week high of $27.70.

Core Alternative ETF Company Profile

The Core Alternative ETF (CCOR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that seeks capital appreciation and preservation with low correlation to the broad US equity market. The fund primarily holds dividend-paying large-cap stocks with an option collar overlay. CCOR was launched on May 24, 2017 and is managed by Core Alternative.