Clockwise Core Equity & Innovation ETF (NYSEARCA:TIME) Sees Large Drop in Short Interest

Clockwise Core Equity & Innovation ETF (NYSEARCA:TIMEGet Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 12,249 shares, a drop of 47.6% from the June 30th total of 23,395 shares. Based on an average daily trading volume, of 1,677 shares, the days-to-cover ratio is presently 7.3 days. Approximately 2.1% of the shares of the company are sold short.

Clockwise Core Equity & Innovation ETF Trading Up 0.6%

TIME traded up $0.17 during trading on Friday, hitting $26.42. The stock had a trading volume of 3,339 shares, compared to its average volume of 3,559. The firm has a market cap of $15.06 million, a PE ratio of -880.67 and a beta of 1.22. Clockwise Core Equity & Innovation ETF has a 12 month low of $22.31 and a 12 month high of $27.45. The company has a 50 day simple moving average of $26.56 and a 200-day simple moving average of $25.33.

Hedge Funds Weigh In On Clockwise Core Equity & Innovation ETF

A hedge fund recently bought a new position in Clockwise Core Equity & Innovation ETF stock. Betterment LLC acquired a new position in shares of Clockwise Core Equity & Innovation ETF (NYSEARCA:TIMEFree Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,487 shares of the company’s stock, valued at approximately $216,000. Betterment LLC owned about 0.91% of Clockwise Core Equity & Innovation ETF as of its most recent filing with the Securities and Exchange Commission. 89.28% of the stock is currently owned by institutional investors.

About Clockwise Core Equity & Innovation ETF

(Get Free Report)

The Clockwise Capital Innovation ETF (TIME) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed and aims to invest in domestic companies that best utilize 5G internet and cloud-based products and services. TIME was launched on Jan 27, 2022 and is managed by Clockwise Capital.

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