Draco Evolution AI ETF (NYSEARCA:DRAI) Short Interest Update

Draco Evolution AI ETF (NYSEARCA:DRAI) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 127 shares, a drop of 74.2% from the May 31st total of 493 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,350 shares, the days-to-cover ratio is currently 0.0 days.

Draco Evolution AI ETF Trading Down 0.6%

Shares of NYSEARCA DRAI opened at $33.64 on Friday. Draco Evolution AI ETF has a 1 year low of $27.34 and a 1 year high of $36.03. The firm’s 50-day moving average is $34.34 and its 200-day moving average is $31.65. The firm has a market capitalization of $21.53 million, a PE ratio of 28.62 and a beta of 1.09.

About Draco Evolution AI ETF

The Draco Evolution AI ETF (DRAI) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, fund-of-funds, investing in diverse asset classes such as US equities, gold, bonds, and currencies. The portfolio may include inverse and leveraged exposure DRAI was launched on Jul 10, 2024 and is issued by Draco.