Short Interest in Rareview Systematic Equity ETF (BATS:RSEE) Grows By 167.6%

Rareview Systematic Equity ETF (BATS:RSEE) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 32,733 shares, an increase of 167.6% from the July 30th total of 12,232 shares. Based on an average daily volume of 8,094 shares, the days-to-cover ratio is presently 4.0 days. Currently, 1.8% of the company’s stock are sold short.

Rareview Systematic Equity ETF Trading Down 0.6%

Shares of RSEE stock opened at $39.51 on Friday. The business’s fifty day simple moving average is $39.00 and its 200-day simple moving average is $37.29. Rareview Systematic Equity ETF has a 12-month low of $31.10 and a 12-month high of $40.38. The company has a market cap of $71.12 million, a PE ratio of 21.27 and a beta of 0.69.

Hedge Funds Weigh In On Rareview Systematic Equity ETF

A hedge fund recently raised its stake in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC increased its holdings in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,854 shares of the company’s stock after buying an additional 14,698 shares during the period. Janney Montgomery Scott LLC owned about 3.21% of Rareview Systematic Equity ETF worth $1,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Rareview Systematic Equity ETF

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.