Draco Evolution AI ETF (NYSEARCA:DRAI) Stock Short Interest Report for October

Draco Evolution AI ETF (NYSEARCA:DRAI) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 37 shares, an increase of 1,750.0% from the September 30th total of 2 shares. Based on an average daily volume of 4,094 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Draco Evolution AI ETF Trading Up 0.5%

NYSEARCA DRAI traded up $0.16 during trading on Monday, reaching $32.40. The company’s stock had a trading volume of 1,050 shares, compared to its average volume of 3,029. Draco Evolution AI ETF has a 12 month low of $27.45 and a 12 month high of $36.03. The firm has a 50 day moving average price of $33.01 and a 200 day moving average price of $32.40. The firm has a market capitalization of $21.06 million, a price-to-earnings ratio of 28.62 and a beta of 1.11.

Draco Evolution AI ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a $0.1169 dividend. This is a drop from Draco Evolution AI ETF’s previous quarterly dividend of $0.1381. The ex-dividend date was Monday, September 28th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 1.4%.

Draco Evolution AI ETF Company Profile

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.