PlanRock Alternative Growth ETF (NYSEARCA:PRAE) Short Interest Down 34.4% in August

PlanRock Alternative Growth ETF (NYSEARCA:PRAE) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 1,753 shares, a decrease of 34.4% from the July 30th total of 2,673 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 116 shares, the short-interest ratio is presently 15.1 days.

PlanRock Alternative Growth ETF Price Performance

Shares of PRAE opened at $41.37 on Thursday. The company has a 50 day simple moving average of $40.39 and a two-hundred day simple moving average of $39.70. PlanRock Alternative Growth ETF has a 1 year low of $33.14 and a 1 year high of $41.67. The firm has a market cap of $12.82 million, a P/E ratio of 17.42 and a beta of 0.92.

PlanRock Alternative Growth ETF Company Profile

The PlanRock Alternative Growth ETF (PRAE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is actively managed to toggle its investments across global growth markets according to a proprietary methodology. The fund holds equities and alternative investments such as commodities and currencies. PRAE was launched on Dec 19, 2023 and is issued by PlanRock.