Coastal Compass 100 ETF (NYSEARCA:ROPE) Sees Significant Increase in Short Interest

Coastal Compass 100 ETF (NYSEARCA:ROPE) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 2,468 shares, a growth of 518.5% from the December 15th total of 399 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,423 shares, the short-interest ratio is presently 1.7 days. Based on an average daily trading volume, of 1,423 shares, the short-interest ratio is presently 1.7 days. Currently, 1.1% of the shares of the company are short sold.

Coastal Compass 100 ETF Stock Down 0.1%

Shares of Coastal Compass 100 ETF stock traded down $0.02 during trading on Tuesday, reaching $27.79. The company’s stock had a trading volume of 886 shares, compared to its average volume of 3,927. The business’s 50-day moving average price is $26.82 and its 200-day moving average price is $26.28. Coastal Compass 100 ETF has a 52 week low of $22.39 and a 52 week high of $27.89. The firm has a market cap of $6.39 million, a PE ratio of 18.69 and a beta of 0.84.

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.