Adaptive Core ETF (BATS:RULE) Short Interest Down 45.2% in July

Adaptive Core ETF (BATS:RULE) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,441 shares, a decrease of 45.2% from the July 15th total of 2,630 shares. Based on an average daily volume of 2,106 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the company’s stock are short sold.

Adaptive Core ETF Trading Up 0.6%

Adaptive Core ETF stock opened at $31.23 on Tuesday. Adaptive Core ETF has a 1-year low of $21.46 and a 1-year high of $34.42. The company has a fifty day simple moving average of $31.24 and a 200 day simple moving average of $28.29. The company has a market cap of $17.96 million, a P/E ratio of 26.96 and a beta of 0.54.

Hedge Funds Weigh In On Adaptive Core ETF

An institutional investor recently bought a new position in Adaptive Core ETF stock. C M Bidwell & Associates Ltd. bought a new stake in Adaptive Core ETF (BATS:RULE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 21,172 shares of the company’s stock, valued at approximately $789,000. C M Bidwell & Associates Ltd. owned about 3.68% of Adaptive Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Adaptive Core ETF

The Adaptive Core ETF (RULE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively-managed fund that invests in a wide array of securities of any asset class, market capitalization, geography, credit quality, and maturity. The fund seeks current income and long-term capital appreciation. RULE was launched on Nov 1, 2021 and is managed by Mohr Funds.