Range Global Coal Index ETF (NYSEARCA:COAL – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 80,642 shares, an increase of 156.0% from the August 15th total of 31,506 shares. Currently, 3.8% of the company’s stock are short sold. Based on an average daily trading volume, of 34,444 shares, the short-interest ratio is currently 2.3 days.
Institutional Investors Weigh In On Range Global Coal Index ETF
Hedge funds have recently modified their holdings of the business. Royal Bank of Canada bought a new position in shares of Range Global Coal Index ETF during the first quarter valued at approximately $68,000. Group One Trading LLC raised its stake in Range Global Coal Index ETF by 1,807.9% in the first quarter. Group One Trading LLC now owns 15,282 shares of the company’s stock worth $419,000 after buying an additional 14,481 shares in the last quarter. Private Advisor Group LLC purchased a new stake in Range Global Coal Index ETF during the first quarter worth $435,000. Jane Street Group LLC bought a new stake in Range Global Coal Index ETF during the 4th quarter valued at $468,000. Finally, Cetera Investment Advisers purchased a new position in shares of Range Global Coal Index ETF in the 1st quarter valued at $577,000.
Range Global Coal Index ETF Price Performance
NYSEARCA:COAL opened at $27.00 on Friday. Range Global Coal Index ETF has a 1-year low of $20.10 and a 1-year high of $29.10. The company has a 50-day moving average of $24.90 and a 200 day moving average of $25.48. The firm has a market cap of $57.24 million, a PE ratio of 8.14 and a beta of 0.20.
About Range Global Coal Index ETF
The Range Global Coal Index ETF (COAL) is an exchange-traded fund that is based on the Range Global Coal index. The fund is designed to replicate the performance of a market-cap weighted index comprising global stocks primarily involved in the coal industry, including those engaged in coal production and logistics. COAL was launched on Jan 23, 2024 and is issued by Range.
Featured Stories
- Five stocks we like better than Range Global Coal Index ETF
- Nasdaq’s $100 Million Kraken Bet Prepares It for a Market That Never Closes
- Copper’s Record Rally Highlights a Deeper Supply Problem
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
Receive News & Ratings for Range Global Coal Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Range Global Coal Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
