Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Drops By 45.8%

Coastal Compass 100 ETF (NYSEARCA:ROPE) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 269 shares, a decline of 45.8% from the June 30th total of 496 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 1,952 shares, the short-interest ratio is currently 0.1 days.

Coastal Compass 100 ETF Stock Performance

ROPE traded down $0.08 on Friday, hitting $30.10. 330 shares of the company were exchanged, compared to its average volume of 3,150. The business’s fifty day moving average is $29.85 and its 200 day moving average is $29.05. The firm has a market capitalization of $9.33 million, a P/E ratio of 18.69 and a beta of 0.47. Coastal Compass 100 ETF has a fifty-two week low of $25.04 and a fifty-two week high of $31.01.

About Coastal Compass 100 ETF

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.