Rareview Systematic Equity ETF (BATS:RSEE) Short Interest Up 63.5% in July

Rareview Systematic Equity ETF (BATS:RSEE) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 12,232 shares, an increase of 63.5% from the July 15th total of 7,482 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average trading volume of 7,338 shares, the days-to-cover ratio is presently 1.7 days.

Rareview Systematic Equity ETF Price Performance

Shares of RSEE opened at $40.09 on Monday. The firm has a 50-day moving average of $38.89 and a 200-day moving average of $37.03. Rareview Systematic Equity ETF has a one year low of $31.10 and a one year high of $40.38. The company has a market cap of $72.16 million, a PE ratio of 21.27 and a beta of 0.69.

Institutional Investors Weigh In On Rareview Systematic Equity ETF

A hedge fund recently raised its stake in Rareview Systematic Equity ETF stock. Janney Montgomery Scott LLC increased its holdings in shares of Rareview Systematic Equity ETF (BATS:RSEE) by 34.1% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 57,854 shares of the company’s stock after purchasing an additional 14,698 shares during the period. Janney Montgomery Scott LLC owned 3.21% of Rareview Systematic Equity ETF worth $1,889,000 as of its most recent filing with the SEC.

About Rareview Systematic Equity ETF

The Rareview Systematic Equity ETF (RSEE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that employs a long\u002Fshort systematic strategy to provide exposure to global equity markets. RSEE was launched on Jan 20, 2022 and is managed by Rareview Funds.