Short Interest in Coastal Compass 100 ETF (NYSEARCA:ROPE) Increases By 134.7%
by Jessica Moore · The Cerbat GemCoastal Compass 100 ETF (NYSEARCA:ROPE – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 399 shares, a growth of 134.7% from the November 30th total of 170 shares. Based on an average trading volume of 1,003 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 1,003 shares, the short-interest ratio is presently 0.4 days.
Coastal Compass 100 ETF Price Performance
NYSEARCA:ROPE traded down $0.02 on Friday, hitting $27.21. 3,570 shares of the company’s stock were exchanged, compared to its average volume of 2,087. The company has a market cap of $2.72 million, a P/E ratio of 18.69 and a beta of 0.84. Coastal Compass 100 ETF has a 52 week low of $22.39 and a 52 week high of $27.33. The firm has a 50-day moving average price of $26.55 and a 200-day moving average price of $26.10.
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.